The Reds will face major competition from Premier League rivals Chelsea and Manchester City for the Frenchman.
However, the Anfield club are believed to preparing an offer to sign Dembele – who is available on a free transfer from June 2022.
The report claims that the ‘ball is very much’ in the 27-cap ace’s court as Bayern Munich and Juventus join Liverpool in the ‘running’ to complete the sensational free transfer.
Signed in a staggering deal that could rise to £135.5million from Borussia Dortmund (BBC), Dembele has struggled to fulfil maximum potential at the Catalan club.
Injuries have played a huge hand in the Frenchman’s issues and the winger is yet to play this season due to a hamstring problem.
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Given the treacherous financial situation at the Camp Nou, Barcelona are unlikely to rush to extend the star’s contract and a free transfer seems almost inevitable.
Despite the injury woes, signing a player of Dembele’s calibre for free remains a no-brainer despite the likely lofty wage demands.
Predominantly a wideman, Dembele can operate centrally and would be a huge coup if any club could keep the man compared to ‘Zidane, Pele and Cruyff’ fit.
Valued at £45million (Transfermarkt), Liverpool should be all over this deal if assurances over fitness can be found.