Liverpool manager Jurgen Klopp met with the agent of Fiorentina midfielder Sofyan Amrabat this month.
The German is eager to add a quality midfielder to his squad as he attempts to rectify the club's stuttering season.
Per Foot Mercato, the Reds are eager to add Amrabat to their squad in the winter or summer.
However, they appear to be heading for failure in this deal, as the source states that Atletico Madrid have stolen a march in the race for his signature.
Diego Simeone's side are now the firm favorites to sign Amrabat, who has praised the club and their manager in the past.
He stated to Marca last month that he would be honored to be associated with such a team.