Reds hope to use out-of-favour Italian to help strike deals with Southampton for Lovren and Lallana.
Liverpool manager Brendan Rodgers is confident of signing defender Dejan Lovren and midfielder Adam Lallana from Southampton before the start of next season, according to The Mirror.
The Reds will play the Saints at Anfield on the opening weekend of the 2014-15 Premier League campaign, and Rodgers expects Lovren, 24, and Lallana, 26, to be on the home side in that match.
Rodgers has been chasing the pair for many weeks, but transfer talks have stalled somewhat.
Southampton are demanding £30m for England international Lallana and have rejected an offer of £16m for Croatia star Lovren.
In an attempt to drive down Southampton’s asking prices, Liverpool are prepared to offer Italian striker Fabio Borini to the South Coast club.
Borini, 23, has played just 13 league games for Liverpool since his £10.5m move from Roma in July 2012.
He spent the past season on loan at Sunderland, scoring seven goals in 32 top-flight outings.
Lallana featured in all 38 of Southampton’s Premier League matches, scoring nine times and providing six assists.
He completed 1,252 passes and 70 successful dribbles, as well as winning 76 free kicks.
Lovren made 31 league appearances, making 61 tackles, 84 interceptions and 239 clearances.
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