Liverpool are closing in on Fiorentina wing-back Juan Manuel Vargas.
The Peru international has been a long-term target for Liverpool chief Damien Comolli and Fiorentina now appear ready to sell.
Florence sources say Liverpool and Bayern Munich are going head-to-head for Vargas.
Bayern have come forward with an offer of 10m plus the loan of Diego Contento.
Liverpool would instead be prepared to put 13m cash on the table.