Schalke general manager Horst Heldt has admitted the German team would consider a bid for Greek star Kyriakos Papadopoulos.
Recent rumours in Greece has linked the 21-year-old to a sensational move to Anfield this summer, with £13m understood to be the price needed for the deal to work.
The Bundesliga outfit has moved quickly to dispel reports suggesting a move is imminent for Papadopoulos, but falling short of ruling out any future offers.
He said: "We have no offer for Papadopoulos. Neither from Liverpool or some other club.
"On the contrary: we are very happy that 'Papa' is making progress and can be back soon, hopefully. We're planning with him.
"If we receive an offer for him, we will come together and talk about that as we do with every player for us."
Boss Brendan Rodgers is a long-term admirer of the Schalke 04 centre-back, and is seen as an part of his plans to replace Reds stalwart Jamie Carragher.
His long absence for Schalke last term was caused by the need for a knee operation in November to help deal with a persistent injury.
Papadopoulos made just 10 appearances, down from 29 in 2011.
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