For several seasons now, Liverpool have been seeking a long-term replacement for captain Steven Gerrard, with Joe Allen, Jordan Henderson and Jonjo Shelvey all having been brought in hailed as the Anfield legend's replacement.
The 20-year-old attacking midfielder has emerged as one of Europe's brightest young talents in the past few seasons, but with his club's grave financial problems marring the start of their Champions League-competing campaign, Isco could be available cheaply.
The 5'10" native of Benalmadena has appeared for Spain at every youth level from U16 to U23 and appeared 32 games for Malaga last season, scoring five goals.
Isco is a talented, all-around midfield talent who excels in the attacking game. With his precise passing ability and vision combined with his willingness to take on defenders and shoot, Isco has the potential to be a lethal offensive star.
Alongside more solid defensive players like Joe Allen and Lucas Leiva, Isco would revolutionize the Liverpool side. He would be allowed to grow in Gerrard's shadow, eventually stepping up to replace the England international in a few years' time.
Isco could be available for around £10 million. It would be a bargain for Liverpool.