The report made by Gianluca Di Marzio early this morning suggests Sunderland have launched an £8m bid, which could rise to £10m depending on appearances and performance.
Sunderland have been heavily linked with a move for Borini following the Italian's impressive loan spell at the Stadium of Light last season, and Gus Poyet has made no secret of the fact that he would love to add the 23-year-old to his squad on a permanent basis.
Borini's agent Marco Di Marchi had originally claimed that his client would stay on and fight for a place at Anfield following the signing of Rickie Lambert earlier this month, but this possibility was quickly undermined with Borini reported to be the subject of a part exchange deal with Southampton as Liverpool continue in their pursuit of Saints captain Adam Lallana.
Borini was Brendan Rodgers' first signing as Liverpool manager, arriving from Roma for £12m in 2012 having already previously worked under the 41-year-old at Swansea. But amidst all the speculation, Rodgers and Liverpool are yet to make any comment on the striker's future at the club, which would indicate they show little desire to keep the player, and are open to offers.
So the immediate future of the Italian is clearly anything but decided, and today's report is good news for Sunderland who looked to be all but out of the equation a few days ago.
The 23-year-old holds Sunderland in high regard and last season hinted at the possibility of signing for fo the club permanently, should he be surplus to requirements at his parent club.
"Anything is possible, It depends on what Liverpool say. They will need a bigger squad because you can't play in four competitions with the same 11 players"
"But I've enjoyed every second here"
If reports today are to be believed, Sunderland may yet find their offer knocked back with Liverpool thought to be reluctant to sell the striker for anything less than £12m. But expect the Black Cats to return with an offer in that region should Liverpool enter into negotiations.