The Lille forward will be hot property in the coming transfer market after 19 goals in Ligue 1 this season – only Paris Saint-Germain’s Kylian Mbappe (30) has scored more.
Arsenal have been tracking Pepe for the last year, while Chelsea recently identified the 23-year-old as a replacement for Real Madrid-bound Eden Hazard.
But L’Equipe claim Liverpool are ready to position themselves to sign Pepe after making an enquiry about the star earlier this month.
Italian side Inter have reportedly already lodged a written offer for Pepe, which is believed to be between £52million and £60m.