Ings, 22, is considered to be one of England's brightest young strikers, and will play for the England Under-21's at this summer's European Championships.
With nine goals in the Premier League this season, the former Bournemouth man has enjoyed a decent first season in the top flight, even though Burnley sit bottom of the table.
The biggest talking point surrounding Ings this season has been over his contract. The striker will see his contract at Turf Moor expire this summer, and plenty of clubs will be looking to snap him up after some promising displays for Sean Dyche's Clarets this term.
However, The Telegraph believe that Ings has a preferred destination in mind - and it would be a move to Liverpool over Manchester United, though either would have to pay a compensation fee to sign him.
Brendan Rodgers' side have struggled in front of goal this season, so another striker will certainly be needed, with Ings possessing the pace to fit into Liverpool's high-tempo attack.
It may be something of a blow for United though, who need an injection of pace in the final third themselves - but could now lose out to their fierce rivals in the race for Ings, if the striker gets his wish.