According to The Daily Mail, Roberto Mancini has opened the door on the possibility of succeeding the under-fire Rafael Benitez as manager.
The in-demand Italian recently settled his £5.5 million-per-year contract with Serie A giants Inter Milan, having parted ways with the San Siro club in May 2008.
Thus, with the Nerazzurri no longer obliged to feed his bank account, it is believed that Mancini is finally ready to re-enter the world of football management.
The former Bologna, Sampdoria, Lazio and Leicester City forward has been sought out by clubs from all over Europe in the past 18 months, the most noteworthy being Real Madrid.
But now it appears there could be interest from Merseyside as well, with the Reds struggling to find any sort of consistency in a season that has seen them lose five of their 11 Premier League game so far.
Benitez, meanwhile, has also been touted for the post at the Santiago Bernabeu, although Galacticos president Florentino Perez recently came out in support of Manuel Pellegrini