Liverpool are chasing Stoke City captain Ryan Shawcross.
The People says Hodgson has put Stoke City centre-half Shawcross on his wish list - if he can find some money for players in the transfer market.
Anfield spies have been tracking Shawcross recently as they look for an up-and-coming defender who could come within their price range in the January window.
Shawcross is valued at £10million by the Potters, but his former club, Manchester United, have a 'first call' agreement if Stoke decide to sell.
Hodgson has seen his defence leak goals alarmingly in recent weeks, even when their best players have been available.
Jamie Carragher is at the veteran stage while Martin Skrtel and Daniel Agger have been up and down in the last year or so - leaving a young defender as a priority capture.
