Liverpool's upcoming summer transfer window promises to be a lot busier than their empty January proved to be, with a slew of transfer speculation and debate already rife around Anfield.
Brendan Rodgers' side face a crucial period of improvement, where the possibility of finishing with Champions League qualification this season is bound to dramatically impact their summer dealings.
Ahead of that opening, we've broken down the latest transfer news currently floating around the Reds' camp, with targets both old and new making their way into the frame.
Fabio Borini, Sunderland (on loan from Liverpool)
Having failed to cement any sort of prominent place in the Liverpool squad, Fabio Borini has instead taken to impressing with some sporadic glimpses of fine form at Sunderland this season.
To be honest, if you ask me what my future is, I don’t really think about it. Every day I could give you a different answer. It would be hard to leave Sunderland, but it has been a great experience for me here.
I love the place and the fans, and they love me back. But, of course, we are talking about business and contracts and everything. It is not my decision, but, at the end of the season, a decision will be taken.
Despite impressing in the north-east, one may still doubt whether Borini has done enough to warrant a place in the kind of quality Liverpool line-up Rodgers is looking to assemble.
Claudio Marchisio, Juventus
Claudio Marchisio's place in the Juventus squad isn't as secure as it once was, with the competition of Arturo Vidal, Paul Pogba and Andrea Pirlo becoming a little too hot to handle at times this season.
The central anchor has played the full 90 minutes of a Serie A match just four times in 2014, according to Transfermarkt, and the midfielder recently opened up about speculation linking him with a Premier League switch, per the Express' David Wright:
Sometimes I have received phone calls from agents who told me of the interest of clubs such as Arsenal, Manchester United and Liverpool. But no one from these clubs, however, has never contacted directly us. And in case I would tell them to talk to Juve.
Having spent the last 21 years of his life inside Juve's confines, one can understand how Marchisio would be eager to remain a part of his boyhood outfit, and competition for his signature would appear to be heaving, should Liverpool attempt to up their interest.
Victor Valdes, Barcelona
However, Victor Valdes is another name to have entered the debate, it seems, after The Guardian's Barry Glendenning reported that Mignolet's place in the squad perhaps isn't so secure.
BBC Sport disclosed almost a year ago that Valdes would be leaving Barca when his contract expires this summer, and the free transfer is a prospect that numerous European giants will undoubtedly be looking at in the coming months.
Even though the Camp Nou club are letting their man go, Twitter's reaction to some superb Valdes saves against Manchester City this week shows that the goalkeeper still holds great value:
For Liverpool, it's a question of deciding between the two talented stoppers already on their books, Valdes' name entering contention as a potential third option.
Juan Manuel Iturbe, Porto
Reports suggest that Inter have joined Liverpool, Arsenal and Chelsea in the hunt to sign Porto sensation Juan Manuel Iturbe, a rising part of Colombia's movement on world football.
TalkSPORT report this week that the Reds are one of those clubs believed to have made an enquiry into the 20-year-old's availability.
Competition for the young South American's services is currently thriving, and Rodgers will be hard-pressed to win such a race, especially if Liverpool's season doesn't comprise of Champions League football next term.
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