Liverpool have made contact with Barcelona regarding the potential signing of Bojan, while they are also interested in Jeffren Suarez, it has been claimed.
According to the Daily Mail, the Reds are 'in touch' with the European champions in the hope they can broker a deal for Bojan, while they remain keen on 23-year-old old Jeffren.
Liverpool have been linked with Bojan, 20, for a number of months after Spanish publication Marca initially reported the Reds were 'confident' of bringing the young forward to Anfield.
Jeffren, meanwhile, has also found himself at the centre of speculation regarding a potential move to Liverpool in the past, with Metro alleging the winger had been identified by Damien Comolli as an alternative to Ashley Young.
The acquisition of the Spanish duo would certainly prove to be quite a coup for Liverpool and would serve as further evidence of owners Fenway Sports Group (FSG) fulfilling their pledge to invest significantly - and in young players in particular.
Liverpool, however, are expected to have to fight off interest from Arsenal in the pursuit of Bojan, with the Daily Mail also suggesting the Gunners are monitoring the Spain international with genuine interest.
After the culmination of a sixth successive trophyless campaign for Arsenal, Arsene Wenger has been urged to ditch his notorious frugality this summer, and the signing of Bojan could be just the tonic for Gunners' supporters.
Arsenal are also expected to sign defensive reinforcements, and have been linked consistently with Bolton centre-back Gary Cahill and versatile Frenchman Mamadou Sakho.