Further upgrading the attack is essential if Liverpool are going to rebound from a lackluster campaign, especially with continued questions about the future of Luis Suarez. Adding Diego Costa would be a major step in the right direction.
Liverpool have bid in excess of £20m for Atletico Madrid striker Diego Costa, according to Sky Sports sources.
The offer is believed to have triggered a release clause in the Brazil international's contract.
The report goes on to state Costa could be moved after the La Liga side signed David Villa and Leo Baptistao to bolster their own attack. It creates a potential logjam that would make it tough for the Brazilian to build off his breakout campaign.
Costa scored 20 goals in 44 appearances across all competitions last season. A natural forward who's also capable of dropping into a midfield role when needed, he's showing signs of reaching his potential, making him a wise target for a club like Liverpool.
The Reds struggle to outbid big-spending clubs during transfer season, which means they must take chances on players like the 24-year-old striker before they reach peak value. If they wait and he continues to excel, the opportunity to sign him might slip away.
In the Sky Sports report, Rodgers says transfer funds aren't an issue. But the club is focused on making sure not to waste the money just for the sake of signing a player. Per Sky Sports:
On Thursday boss Brendan Rodgers told LFC TV: "(New signings) have to be of the right quality, that's the bottom line.
We've got money to spend on getting that quality in, but if it's not available I won't waste it for the sake of bringing a player in.
We're really working hard to bring in the type of profile that can really help us push on."
Although Rodgers doesn't mention Costa by name, the striker certainly seems to fit the bill. Not only did he show off his finishing touch last term, but he always possesses a good combination of pace and creativity to keep defenders guessing.
A move for the Atletico wouldn't come without risk, of course. He's only had one big season, which doesn't provide the same level of confidence as a player who's been able to produce at a high level year in and year out.
Yet, if he did have that type of track record, Liverpool might not be in a position where they could land him. It all comes down to identifying targets who have a good chance to meet or exceed their current value, and Costa does.
He would provide some much-needed depth up front alongside the likes of Daniel Sturridge, Iago Aspas and Fabio Borini. His arrival would also help protect the Liverpool attack should Suarez's status change before the transfer window closes.
If Suarez were to stay at Anfield, Costa's versatility would then come into play as he could shift into the midfield to provide some extra offensive firepower. So signing him doesn't necessarily mean another move is on the horizon.
In the end, signing Costa would be a good move, regardless of the surrounding circumstances.