A selection of the latest stories involving Liverpool Football Club this Friday morning.
If the Croatian centre-back were to sign for the Reds, he would become the third player to join from Southampton this summer following the arrivals for Rickie Lambert and Adam Lallana, but the report says that the Saints are not prepared to do business.
However, the Daily Mirror reports the player is unhappy at the stance his club has taken, and has suggested he may boycott training in order to try and force a move away from St Mary's.
If Lovren arrives at Anfield, it could mean the end of the road for Daniel Agger as a Liverpool player - who could leave for around £12 million, as the Reds vice-captain doesn't want to be regarded as a squad player.
One interesting thing to note in the report is that the Reds are still keen to try and do a deal for Sevilla's Alberto Moreno, when it appeared a deal was dead in the water not so long ago, as the Reds seemingly wouldn't pay a £20 million asking price. However, negotiations could restart over the coming weeks.
The Daily Telegraph has reported that Arsenal are going to have to up their offer for Reds target Alexis Sanchez to in excess of £25 million. However, Barcelona are keen for the Chilean star to join Liverpool in order to speed up the process of Luis Suarez's transfer to the Nou Camp.
If Sanchez doesn't agree to a move to Anfield, then Liverpool are likely to receive in excess of £70 million for Suarez.
Finally, goalkeeper Pepe Reina will return to Liverpool for next season according to his agent after the Spaniard spent a season on loan with Napoli in Serie A.
The Liverpool Echo reports that his future on Merseyside still remains uncertain as manager Brendan Rodgers brought in Simon Mignolet to be his first choice goalkeeper last summer.