PSV Eindhoven want €40m for Donyell Malen.
Sky Deutschland says Liverpool have started transfer talks to sign the Netherlands' Euro 2020 star Malen.
Reds boss Jurgen Klopp wants to waste no time in luring PSV star Malen to Anfield and secure his signature early.
Klopp is determined to land a new forward this summer following last season's disappointing campaign.
PSV would be willing to sell the 22-year-old but only if they receive an offer in the region of £34million