It's already been an active January for Liverpool. The Reds brought in striker Daniel Sturridge, who's scored in both appearances since joining the club, from Chelsea and allowed Nuri Sahin's disappointing loan stint to end early.
There are still two weeks left to make more moves and it sounds like manager Brendan Rodgers is hoping to do exactly that. The Reds are still be considered an active party in the transfer market, and are even being linked to some big names.
Let's examine some of the latest transfer talk surrounding Anfield as the Reds explore ways to boost their roster to jump-start a second-half charge up the Premier League table.
Even though it's become clear Inter Milan is ready for Sneijder to move on, the talented midfielder isn't rushing to any final decisions about his future. Galatasaray awaits his decision, but other clubs are still involved.
Liverpool are one of them, according to Greg Stobart of Goal.com. He reports the Reds are starting to make a serious push to land the Netherlands international, who's been hoping for a Premier League move throughout the process.
It would take some time for Sneijder to find his all-world form after being pushed aside at Inter, but his creativity would be a welcome addition to the Liverpool attack. The Reds will need to act quickly, however, as Inter pushes Sneijder to decide.
Another high-profile player on the Reds' radar is Barcelona goalkeeper Victor Valdes. The veteran shot-stopper has less than two seasons left on his current contract and that's led to plenty of discussion about his potential departure from Camp Nou.
Tom Hopkinson of the Daily Mirror passes along a report that states Liverpool are one of the interested clubs should Valdes come available in summer. He lists Manchester City as another Premier League side monitoring the situation.
With similar questions surrounding the future of Liverpool keeper Pepe Reina, it's easy to see why the Reds would be interested in Valdes, who has no shortage of big-match experience. The situation certainly warrants watching.
After it seemed like Liverpool had the inside track to land Forren from Norwegian side Molde, the defender decided against a trial at Anfield. Now other clubs are attempting to pounce, leaving the Reds in a tough spot.
Matt Barlow of the Daily Mail reports Southampton have jumped to the forefront of talks with the Norway international by agreeing to a free with Molde. Everton and Fulham have also shown interest in the 22-year-old center back.
While that doesn't mean Liverpool are completely out of the mix, the club's odds of landing him have dropped significantly over the past couple days. The Reds would need to drastically change their approach if they want to get back involved before he lands elsewhere.