According to The Mirror, Liverpool are prepared to pay the £10m release clause in Malaga midfielder Ignacio Camacho's contract - but Tottenham are also interested.
The Reds have already agreed to snap up Schalke defender Joel Matip on a pre-contract agreement this summer, whilst midfielder Red Star Belgrade star Marko Grujic will start his Anfield career.
However, manager Jurgen Klopp will still be in the market for new signings, and The Mirror claim that he is desperate to land Malaga's defensive midfielder Ignacio Camacho.
Camacho, 25, started his career with hometown club Real Zaragoza before joining Atletico Madrid in 2005, but after just 34 appearances, he moved on to Malaga in 2011.
Now a Spanish international having racked up more than 150 appearances for Malaga, Camacho has impressed in Andalusia, and his performances have now triggered interest in his signature.
The Mirror believe that Liverpool are keen to land Camacho this summer, and are willing to pay his £10m release clause in order to bring him to Anfield, and keep him out of the clutches of Premier League rivals.
The report also claims that Tottenham Hotspur are keen to land Camacho, whose strength, passing ability and versatility to play in defensive midfield or at centre back would lend him to being great cover for Spurs star Eric Dier.
Liverpool are believed to be leading the race, but at just £10m, it would be little surprise to see Spurs make their own move for the Spaniard this summer.
Would you like to see Liverpool beat Spurs to Camacho's signature?