Rumour One
Liverpool are the latest club to enter the race for Porto midfielder Fernando, who has also been linked with Manchester United and Everton.
The Brazilian was thought to be close to a move to Serie A side Napoli, having been linked with a number of Italian sides, but it seems that Liverpool have now also thrown their hat into the ring.
Reports in Portugal suggest that the Reds had scouts present for Porto's match against Benfica on Sunday and the Fernando was the player being monitored.
Fernando's contract is set to expire next summer and there had been speculation that the 26-year-old could be available for a cut-price fee.
But Liverpool will have to act quickly if they are to secure a deal with Fernando's agent, Antonio Araujo, hinting that his client was close to agreeing an extension with Porto.
Rumour Two
Liverpool are planning a last ditch swoop to beat Napoli in the race to sign highly rated Verona playmaker Jorginho according to
TuttoMercato .
Former Anfield boss Rafa Benitez is said to be closing in on a €10m (£8.3m) deal to sign the Brazilian born Italian Under 21 international but Brendan Rodgers will look to lure the youngster to Merseyside where he hopes the 22 year old can act as a long term replacement for veteran skipper Steven Gerrard.
Rodgers is keen to continue his youthful transfer policy and the willingness of the Northern Irish boss to offer his young talents regular first team football may well act as a motivating factor for Jorginho.
Jorginho was a pivotal performer in last season’s promotion Serie B promotion campaign and has proven more than capable of making his mark in the top tier, netting seven goals and providing three assists in his 18 starts this term, form that has helped keep Verona in or around the top six all season.
Rumour Three
Brendan Rodgers is set to hold talks with Liverpool's owners on Friday but accepts that his January transfer dealings may be restricted to a bid for Basle's Mohamed Salah.
John Henry is expected to fly over from America for Saturday's home game against Aston Villa and will sit down with Rodgers and Liverpool's managing director Ian Ayre to discuss finances.
Rodgers is known to want a left-back, centre-back, midfielder and a striker but it is likely that most of his targets will have to wait until the summer.
The exception could be Salah, 21, who is valued at £16million by Basle. Liverpool are looking to pay little over half that for the versatile Egypt international and face competition from Atletico Madrid and Bayer Leverkusen.
The Anfield boss insists he needs more goals from midfield after seeing Philippe Coutinho, Raheem Sterling and Jordan Henderson score just six between them in all competitions this season.
Rumour Four
The Reds have also been
linked with Roma striker Mattia Destro. The 22-year-old has not being a regular starter for Rudi Garcia's side, and Rodgers is reportedly scouting the forward as an alternative should the Salah deal fall through.
Rumour Five
Liverpool have been linked with a move for Napoli midfielder Gokhan Inler.
The Swiss star was a target for former Reds boss Roy Hodgson during his time in charge at Anfield, and now it has been reported in Italy that Brendan Rodgers is ready to rekindle the club's interest.
Steven Gerrard is still a crucial member of the Liverpool side but at 33 the England international cannot go on forever.
And now it has been claimed that Rodgers is a big fan of central midfielder Inler and may launch a summer bid to bring him to the Premier League.
But the 29-year-old is near ever-present for Rafa Benitez's side and the Spaniard will have no intention of selling him to his former employers.
Rumour Six
Spanish clubs Valencia and Real Betis have
asked to take Liverpool forward Iago Aspas on loan.
Aspas, 26, has struggled to make a big impact since his £7million move to Anfield from La Liga's Celta Vigo last summer.
Liverpool boss Brendan Rodgers must now decide whether he can spare Aspas or needs him to cover injuries as the Reds chase a top four finish and also try to remain in the title race.