Real Madrid are launching a triple raid on Liverpool.
Sport says Real are ready to offer £60 million for midfield pair Javier Mascherano and Xabi Alonso, along with fullback Alvaro Arbeloa.
However, the offer still falls short of Liverpool boss Rafa Benitez's valuation, who rates Mascherano and Xabi at £35 million each and Arbeloa at £8 million.
Benitez has already rejected a separate £3 million offer from Real for Arbeloa this week.