The latest news coming out of Portugal is that Liverpool are 'very interested' in Porto left back Alex Telles and are considering whether they are prepared to pay the €40m asking price.
It was reported earlier this week that Chelsea were in the driving seat but Liverpool were ready to hijack the move, and they may now be favourites to sign the Brazilian defender if they want to shell out the required amount for his services.
Telles made 30 league appearances for Porto as they regained the Portuguese title last season, scoring three goals and creating 14 more for his teammates.