The 28-year-old Argentine international is a long-standing target for Tottenham Hotspur who, according to The Mirror, believe they can land the winger for £4million this summer.
However, it is believed Rafael Benitez will also enter the race for Rodriguez, with the Anfield boss set to match whatever Spurs offer in a bid to outdo the Londoners.
If the Reds do make a move for the Atletico Madrid star they will do so as favourites, as Fernando Torres used to play alongside him at the Vicente Calderon and they remain close.
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