Below is a summary of the full article. Click here for the full version or go back to LFC Live.net

Emilian Baldow/Icon Sport via Getty Images

Liverpool are reportedly ready to make a serious move in the transfer market for Lyon’s €50m-rated star, and a potential deal could soon shake up their squad.

The Reds are gearing up for a busy summer, with manager Arne Slot expected to make changes across various positions.

Liverpool’s focus has been on strengthening their attack, with several options on the table, and one name has emerged as a potential target for a team keen on adding depth and quality to their squad.

Competition is fierce, with several top clubs circling for the same talent.

Among the names in the frame are Arsenal, who are also targeting attacking reinforcements, as well as others like Aston Villa and Paris Saint-Germain.

Liverpool’s focus is firmly on strengthening their attack, and with the player’s agent recently confirming that he wants a move to Anfield, the club may have to act quickly to secure him at a reasonable price.

Now, it seems they may be in a strong position to do so.

The 20-year-old Belgian winger Malick Fofana has been in fine form this season, contributing 11 goals and five assists.

Despite Lyon’s ongoing financial struggles, the club has reportedly set a €50 million price tag on Fofana, but according to a report from Caught Offside, Liverpool, along with Arsenal, may be able to negotiate the price down.

Fofana has long been on Arsenal’s radar, with the Gunners prioritizing attacking signings this summer.

If Arsenal fail to land other top targets like Nico Williams, Fofana could be their next big move.

But according to Caught Offside, the Reds are preparing a “serious move” for the winger, especially “amid doubts” over the futures of “Diogo Jota and Luis Diaz.”

The interest from the Reds signals their intent to compete with other European giants for the exciting young talent, and with Lyon’s financial troubles, the move could become a reality sooner rather than later.

Want to get the latest Liverpool news direct to your phone
For more news relating to Arsenal, visit our sister site AFC Latest Live.