Roy Hodgson is believed to be targeting Brede Hangeland, Danny Murphy, Gilberto Silva & Rafael van der Vaart.
The former Inter boss had a sensational campaign last season with Fulham, guiding the London club all the way to the final of the Europa League.
England's failure in the 2010 World Cup had seen him linked with a potential move to take over the reins of the national team, but recent reports point towards the gaffer being unveiled as the latest to take to the helm at Anfield.
Goal.com UK had previously revealed that the Fulham manager would not join the Merseyside club, unless he had some semblance of a transfer kitty at his disposal.
Now The Daily Mail claims that he will be handed £15 million to go shopping, with the £25m sale of Javier Mascherano to Barcelona and a £6m injection from Yossi Benayoun's move to Chelsea to make up his transfer budget.
It is said that Hodgson will look towards bringing in Panathinaikos' defensive midfielder Gilberto Silva as a replacement if the Argentine should push through with a move to the Catalan club, with an Anfield return for Danny Murphy also reported to be under consideration.
Additionally, to strengthen a Reds that looked shaky on more than a few occasions last season, the 62-year-old is believed to have cast his eye on raiding his former club for Brede Hangeland.
It has been speculated that the success achieved under Hodgson will be convincing enough for the Norway international to switch allegiances and move to Merseyside.
Hodgson is also reportedly interested in bringing in Real Madrid midfielder Rafael van der Vaart to Anfield, amidst claims that the now manager of the Spanish club, Jose Mourinho, will let go of the player.
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