Adding former star Xabi Alonso to the squad would be a fantastic transfer for Liverpool, and it may even help the club start a miracle run toward a top-four Premier League finish to secure Champions League qualification for next season.

Per the Express:

The Spain international has not negotiated a new contract at the Bernebeu, which could spell the end for him in Spain.

Liverpool are believed to be keen on re-signing him, and Alonso is understood to favour a move back to the Reds.

Alonso is 31 years old, but his experience and playmaking ability are certainly needed in the Liverpool midfield right now.

Young players such as Joe Allen have played well this season for new manager Brendan Rodgers, but the football intelligence and all-around skill set of Alonso would greatly benefit the Merseyside club during the second half of the Premier League season.

Scoring goals has been difficult at times for Liverpool this year, and Alonso can certainly address this weakness. He's also a durable player who rarely misses games due to injury.

Liverpool has seen many of their midfielders battle injuries over the last few years, so having a reliable presence like Alonso in the midfield would be great for the club.

Even though Alonso does have impressive attacking skills, he is also a good defender and has proven over the years that he can shine in a defensive midfielder role.

Completing a deal for a world-class player such as Alonso could give the squad the boost of energy it needs to compete for a top-four finish.

Liverpool are only seven points behind Tottenham and West Bromwich Albion, who are tied for fourth place.

The recent struggles of Tottenham and Arsenal should give Rodgers hope that he can climb into the top four if he makes some strong additions next month.

Rodgers must make Alonso one of his top transfer targets when the window opens again.