A selection of the latest transfer news involving Liverpool Football Club this Friday morning.
The big stories and rumours surrounding Liverpool at the moment regards their attempts in bringing a new striker to the club.
The Liverpool Echo reports that it is unclear whether or not Cavani is one of Brendan Rodgers' targets in this transfer window despite quotes from his agent Claudi Anelluci, circulating yesterday saying that Liverpool, along with Arsenal, had made an enquiry into the Uruguayan.
The report also says that despite a lot of speculation linking the Reds with a move for Swansea City's Wilfried Bony, the Reds have cooled their interest in the forward with a fee of £19 million, combined with the player's wage demands, reportedly putting Liverpool off a deal.
The Reds are also said to be keeping tabs on Falcao's progress after their inquiry but are resigned to missing out on the Colombian.
Agger has already said that he doesn't want to be a second or third choice defender, and the signing of Dejan Lovren may make the Dane's chances of regular game time very slim.
The situation will be dealt with over the next week according to the report.
Finally, Pepe Reina's move from Liverpool to Bayern Munich is on the brink of completion after the Daily Mail picked up on tweets from the Bayern twitter account suggesting that the Spaniard has passed a medical at the Allianz Arena.
He is due to sign a contract at the Bundesliga champions today to complete a deal said to be worth around £2 million.