Reds plan to take players from Swansea and Cardiff.
Liverpool boss Brendan Rodgers is keen to bring Michel Vorm and Steven Caulker to Anfield this summer, according to the South Wales Echo.
Rodgers worked with both players during his two-year stint as Swansea City manager between 2010 and 2012.
The Northern Irishman is apparently now keen to be reunited with the pair as he looks to bolster his squad in preparation for Liverpool’s first Champions League campaign in five seasons.
Goalkeeper Vorm is still at Swansea and the Dutchman, who has two years left to run on his current contract at the Liberty Stadium, is seen as an ideal candidate to provide cover and competition for first-choice stopper Simon Mignolet.
Centre-back Caulker, who was on loan at the Swans during Rodgers’ reign, is now on the books at fierce rivals Cardiff City.
He only joined the Bluebirds from Tottenham Hotspur last summer, but, following the club’s relegation to the Championship, he is likely to move again.
Caulker played every one of Cardiff’s 38 Premier League games this season.
He was Cardiff’s third most prolific goalscorer, netting five times.
Rodgers is reportedly hopeful that £15m will be sufficient to secure both Vorm and Caulker.