Liverpool remain keen on Newcastle United fullback Jose Enrique.
The Sunday Mirror says Kop boss Kenny Dalglish has been handed the biggest single transfer kitty in Anfield history by owners Fenway Sports.
Liverpool are looking to solve their left-back problem.
Newcastle's Enrique remains the club's preferred choice, despite an interest in Arsenal's unsettled Gael Clichy, although they will be reluctant to pay more than £7million with the Spaniard having just 12 months left on his contract.