Bayern Munich are prepared to outspend Liverpool to secure Xabi Alonso in the summer.
The Spanish head coach is shining with Bayer Leverkusen in the German Bundesliga this season.
Leverkusen are still unbeaten in the league and have a sizable lead over Bayern at present.
Per The Mirror, the Reds could lose out on their Jurgen Klopp replacement this summer.
Bayern are prepared to quadruple the £5 million Leverkusen are paying Alonso.
Whether the Reds go up to such a sum is unclear, given their normally structured spending.