The Reds are closely tracking the progress of Palmeiras teenager Luis Guilherme.
The 18-year-old has already become a midfield dynamo for the Brazilian club.
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He has impressed in their Serie A, along with the Copa Libertadores, while he plays for Brazil's Under-20s.
Per The Mail, Liverpool are ready to put in a bid as quickly as the summer window.
There will likely be a host of European teams that are chasing after his signature.