Liverpool are locked in talks with Real Madrid for James Rodriguez.
The Colombia international has been the subject of enquiries from PSG, Manchester United, Arsenal, Bayern Munich and Juventus leading up to the summer market.
However, none of the clubs interested are willing to go higher than €40 million for James.
Don Balon says Liverpool are also keen - and have been encouraged in negotiations with Real.
Real are ready to sell and president Florentino Perez is willing to drop his initial asking price from €80 million to €50 million to help smooth talks with Liverpool.
