A selection of the latest stories in the media involving Liverpool Football Club this Wednesday morning.
The Guardian has suggested the fee could be around £29 million, second only to the sum paid for Andy Carroll in January 2011.
They say the player can play as a lone striker but also in the number 10 role and demonstrates the ambition the club's owners Fenway Sports Group have ahead of the new season.
FSG are backing Brendan Rodgers after an underwhelming campaign which saw them finish sixth in the Premier League and without silverware.
The Guardian has also said that Liverpool are prepared to let flop Mario Balotelli leave the club after a disappointing season following his £16 million move from AC Milan last summer.
Balague said: "He likes the idea of coming to the Premier League, of course he has been abroad for a few years and would be happy to continue that progression abroad.
"Although Sevilla expect an offer, it hasn't arrived yet."