Liverpool have reportedly made Fabio Capello a serious contender to be installed as the club's next manager.
Liverpool sacked Kenny Dalglish as manager last Wednesday and have started the search for his successor.
Owners Fenway Sports Group are set for further talks with Roberto Martinez later this week after holding initial talks with the Wigan boss at the weekend, while newspaper reports over the weekend have suggested former Chelsea boss Andre Villas-Boas is also set for talks with the Reds.
Capello's name has also been linked with the Anfield hotseat in recent days, and according to the Daily Telegraph, the former England coach is now one of the names on FSG's shortlist, with the club of the opinion that his strong character could help stablise the club while they remain without a sporting director.
Capello was in Munich on Saturday night to watch Chelsea's Champions League final win over Bayern Munich, and before kick-off was seen speaking to Chelsea captain John Terry.
The 65-year-old later insisted he had not been approach by the Blues to become their next manager, but he is believed to be keen on a return to club management and is also thought to be interested in taking charge of a Premier League club.
Reports last month suggested the Italian has told close friends he is keen on joining a club where he would have the financial backing to put together a squad capable of winning silverware.
Just how large a transfer budget he would get from Liverpool's owners, however, is unknown.
Capello's son and lawyer, Pierfilippo, last week refused to rule out the possibility of his father joining a Premier League club this summer, admitting: "Any possibility cannot be excluded, as long as the project is successful and exciting."
Although a more high profile name than the likes of Martinez, Capello would come with huge wage demands, which combined with the scale of transfer budget he would require could lead to FSG looking elsewhere.
Villas-Boas has not yet held talks with Liverpool and at the weekend told reporters: "I’m still choosing the right project and that decision will take the necessary time."
Swansea manager Brendan Rodgers and Ajax coach Frank de Boer have already ruled themselves out of the running to succeed Dalglish at Anfield, while Didier Deschamps on Monday stated he expects to still be in charge of Marseille next season..
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