Liverpool are reportedly planning to swoop for Jadon Sancho next summer if Manchester United fail to wrap up a deal for the Borussia Dortmund star.
The England international is rumoured to be United's priority target ahead of the 2020-21 campaign as Ole Gunnar Solskjaer looks to further strengthen his attack.
However, Dortmund chief Hans-Joachim Watzke reiterated earlier this week that the German club are under no obligation to sell the £108m-rated winger.
With a switch to Old Trafford now looking increasingly unlikely, The Express claims that Liverpool are keeping a close eye on the situation with a view to making a move of their own.
The Premier League champions will not spend big this summer due to the financial effects of the coronavirus pandemic, but it is claimed that they would be willing to splash out on Sancho in a year's time if he is still available.
Liverpool have spent just £18m on new signings over the past 18 months, bringing in Takumi Minamino and Kostas Tsimikas from Red Bull Salzburg and Olympiacos respectively.