by Chris Bascombe, News of the World
Liverpool are in talks to re-sign Peter Crouch from Spurs.
The Merseysiders hope they can secure the 29-year-old for less than the £9million Spurs paid for him a year ago.
But negotiations have hit a snag as Harry Redknapp believes the England striker's value has increased over the last 12 months.
Liverpool sold Crouch to Portsmouth two years ago for £8m and they've been regretting it ever since. If Spurs are prepared to listen to offers, the player is understood to be open to a return to Anfield, where he was a popular figure during his three-year spell.
Kop boss Roy Hodgson is a long-term admirer and tried to sign him for Fulham a year ago.
He's desperate for striking reinforcements, not only to deputise for Fernando Torres but to offer more variety in his squad.
Liverpool have no recognised target man in their ranks. Crouch, who joined Liverpool from Southampton for £7m in 2005, scored 40 goals in 132 appearances.
He never wanted to leave Anfield but was forced out by ex-boss Rafa Benitez.
His return would provide more encouragement on Merseyside following the capture of Joe Cole.
But with Spurs in the Champions League, boss Redknapp won't part with the forward cheaply.
Hodgson wants to build on a great week at Anfield. After guarantees Torres and Steven Gerrard will stay, he is certain of tying down Jamie Carragher to a new deal.
The 32-year-old will sign a minimum one-year contract extension in September, keeping him at Anfield until at least 2012.
Meanwhile....some more reason why the club needs to be sold asap
The delay in selling Liverpool FC is costing the club's American owners a staggering £2.5million a week.
Tom Hicks and George Gillett will see their huge debts increase to £282.4m by August 31 unless they sell the club.
That's a shocking rise of £45.4m since their last refinancing deal in April.
And that's why the duo are set to walk away with nothing when Chinese businessman Kenny Huang ends their reign.
Under the terms of an agreement with the Royal Bank of Scotland and Wells Fargo named 'Project Langworth', the owners' are accumulating escalating multi-million pound PIK fees - payments in kind - charged at a daily rate of 9 per cent per year from April 6, 2010.
The rates for borrowing money this way are far higher and riskier. Interest isn't paid annually. In this case, repayments are being triggered every fortnight and their weekly interest bill is a staggering £2.5m.
PIK fees are at the heart of what made the Glazers' Manchester United takeover so controversial, and explain why Hicks and Gillett are being forced out by the bank. It wasn't publicly known until now that Hicks and Gillett had such an agreement.
The refinancing of £110m of the Americans' debts was agreed following the refusal by Hicks and Gillett to sell a 40 per cent stake to New York-based Rhone Group. If the club doesn't change hands by next Sunday, Hicks and Gillett (below) will pay another £7.5m. Their debt will rise by another £7.5m on August 31.
On April 5, Kop Holdings owed £237m. On July 31, they owed £266.6m. On August 31, the figure will be £282.4m.
Weep
A Liverpool spokesman said: "This simply highlights why a sale is in everyone's interest."
Liverpool fans can only weep at the thought of how that £45.4m since April could have revamped their squad.
The financial implications of Hicks and Gillett refusing to accept their board's decision on who takes over are potentially catastrophic.
Despite this, they are privately resisting the £450m buy-out by Huang's QSL group because they won't make a penny on the deal - getting only enough money to clear their debts.
"There are people at Liverpool ready for the mother of all battles to get rid of them," a source told Sport of the World.
"But this is no false dawn. It's the endgame for Hicks and Gillett now."
A spokesman for Huang said: "All Kenny wants to do is close the deal and that's all he will be focused on for the next few days."
Huang will immediately pay off the debt. He must then commit £135.9m equity to start work on the Stanley Park stadium, and has promised a minimum £50m initial transfer kitty.