Liverpool have approached the agents of PSV Eindhoven attacker Johan Bakayoko.
The young winger could be on the move this month, with Everton and Burnley linked.
However, local reporter Rick Elfrink states: "Liverpool is one of the clubs that has enquired with Johan Bakayoko's management about the financial conditions under which he can be signed.
"The PSV attacker is highly sought after on the transfer market. Burnley as said no longer an option."
The Reds did business with PSV in January over the signing of Cody Gakpo.