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But Feyenoord boss Arne Slot is the leading candidate, with The Times reporting that talks have opened between the two clubs.
There is still plenty to be done before any appointment is made, with Liverpool still considering multiple options.
But speculation over Slot has left many questioning how his team would look at Anfield.
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Slot received huge praise after leading Feyenoord to the Eredivisie title last season.
His side looks set to finish second this campaign with PSV leading the way but it has been another strong campaign.
And while Slot is often lauded for his attacking approach, it is at the other end where Feyenoord has been strong this term.
"My role model has always been David Beckham, but I was most drawn to Liverpool.
“It started with the 2005 Champions League final in Istanbul, which my parents let me watch until the end.
Since then, I’ve been a Liverpool fan.”
Hancko, who joined Feyenoord for just $6.4m (£5m/€6m) in 2022, has been linked with a move to Anfield in the past.
He will not go from Feyenoord, who is going to play in the Champions League, to a club in the bottom half of the Premier League."
Hancko needn't worry about that if Liverpool is to reignite its interest.