Hamburg is believed to be interested in a move for Liverpool midfielder Joe Cole.
The 29-year-old left Chelsea and joined the Reds on a Bosman transfer last summer, with a salary believed to be in the region of £90,000-a-week.
The former West Ham United man's first game at Anfield ended with his being sent off for the first time in his career, after a challenge on Arsenal debutant Laurent Koscielny saw the referee brandish the red.
But despite coming back into the squad following his ban, the midfielder failed to produce the kind of form he had shown during his time at Stamford Bridge. And with the Merseyside outfit having a lot of midfielders following the signings of Charlie Adam, Jordan Henderson and the return of Alberto Aquilani, Cole is believed to be on his way out.
Now The People reports that Hamburg is ready to cough up a fee for a transfer, or even pay a significant majority of the player's wages.
Cole made only 16 starts for Liverpool last season.
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