The Porto left-back is thought to have a £35million release clause in the contract and has attracted the attention of several big clubs this summer.
Telles won the Primeira Liga with Porto last season and provided an amazing 14 assists from defence during the title winning campaign.
The 25-year-old added another six assists in appearances in other competitions and managed four goals as well in 45 appearances. Le Parisien claim Jürgen Klopp wants to sign the defender, who is also being monitored by Chelsea.
The Blues have been watching Telles since January and were considering triggering the Brazilian’s release clause.