Liverpool are eyeing Inter Milan midfielder Fredy Guarin for the January market.
The People says Brendan Rodgers is not planning to splash the cash in January with the Liverpool boss looking only at loan deals as he bids to strengthen his under-performing squad.
Rodgers is using his network of scouts and contacts to look for loan players as he looks to get his side back in the race for the Premier League.
The Reds have been alerted to the availability of Inter Milan's Colombian midfielder Guarin and will consider a loan move with a view to an offer of a permanent deal in the summer.