Pepe Reina could be sold which would see them acquire Cristian Tello.
Liverpool are prepared to sell goalkeeper Pepe Reina as part of an exchange deal that could see highly-rated forward Cristian Tello move to Anfield from Barcelona.
Barcelona want to bring Reina back to Catalonia for a fee of around £10m this summer, with the La Liga Champions regarded the Spaniard as a successor to Victor Valdes, who is expected to depart after publicly refusing to sign a new deal at the Nou Camp.
According to The Daily Mirror, any deal would see Spanish under-21 forward Tello move in the opposite direction.
The 21-year-old has struggled to hold down a first team place at Barca and could seek a move in the summer in order to get more first team football.
Tello has bagged seven goals in just 12 starts this season, and can play as both a central striker and winger, which will suit the versatile front-line that Brendan Rodgers is building on Merseyside.
If the deal were to be struck, Brad Jones would be the first choice goalkeeper at Anfield, and Rodgers must decide whether he wants to go with the Australian, or use the transfer money to bring in a long-term solution.