Liverpool are set to face strong competition from Malaga for the signature of Bologna star Gaston Ramirez.
The Reds were believed to be in pole position to land the Uruguayan midfielder after his agent revealed a Premier League team had made a £16million bid.
That was before the Anfield club's American owners sacked Kenny Dalglish, and Malaga are now keen to take advantage of the situation.
Reports in Italy suggest the Spanish club have already made an offer for the 21-year-old, as coach Manuel Pellegrini looks to strengthen his squad after securing a Champions League place.
Ramirez's representative Pablo Betancourt refused to comment on the latest rumours, but made it clear he expects the player to move during the summer transfer window.
'It's very probable that this will have been his last season at Bologna,' he said.
'We already have a few offers, but we will speak with Bologna officials at some point after June 1st.'
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