Reds have been monitoring Brazil player for some time now.
Liverpool are said to be interested in making an audacious swoop for up-and-coming young Gremio star Matheus Betancourt da Silva this summer, according to reports in the Daily Mirror.
The Merseyside giants have reportedly been keeping close tabs on the Brazilian, who is aged just 17, for some time now.
However, with rules in the South American country preventing players from being transferred until they reach the age of 18, the Reds have so far held back from making any official move for the highly rated star.
That, though, is set to change with Betancourt da Silva, whose shorter name is Matheus Biteco, turning 18 years old on June 28, which is when Liverpool head coach Brendan Rodgers is said to be making his move for the player so that the Reds can get their man before other competitors also become interested in him.
Biteco came to Rodgers and Co’s attention after turning in a series of man-of-the-match displays for his country at the well-known and highly respected Toulon tournament, which his Brazil team went on to win earlier this year.
And despite the fact that Biteco has still to appear for his club in a single national championship fixture, he has played for Gremio in a number of state championship contests where he reportedly also caught the eye.
The Merseyside giants enjoy a close working relationship with his club after buying Brazil international Luca Leiva from the Porto Alegre team for £5 million in July 2007, and so they expect negotiations, which have already begun between the two sides, to be concluded swiftly and without any major complications either.