Liverpool are hoping for a breakthrough with Bayern Munich over the sale of Sadio Mane before attempting to conclude their move for Darwin Nunez.
The Reds have targeted the Benfica striker Nunez as they look to continue remoulding their attack following the arrivals in recent years of Diogo Jota and Luis Diaz.
Nunez wants a move to Anfield although Liverpool are reluctant to do business at Benfica's asking price of €100million (£85.5m) and won't be drawn into a bidding war, with Manchester United in particular also interested in the player. However, those close to Benfica have indicated the Portuguese side are open to a structured deal which would see Liverpool pay an initial €80m (£68.4m) set fee with €20m (£17.1m) in add-ons.