Liverpool are reportedly monitoring Jadon Sancho - but while the financial climate makes a move almost impossible this summer, there is still hope they could land the Borussia Dortmund star.

Manchester United are believed to lead the cohort of Premier League clubs queuing up to sign Sancho, while Real Madrid hope they can entice the 20-year-old to ditch the Bundesliga for the Bernabeu.

Jurgen Klopp's side have already missed out on one of the German league's biggest talents, with Chelsea set to sign Timo Werner after the Reds decided not to trigger the RB Leipzig forward's £50million release clause.

If £50m for Werner was a problem for Liverpool amid the coronavirus pandemic, it is hard to see how the club could stump up the £80m or more required to prise Sancho away from Dortmund.

The Reds are having to pay for a new stand and new training ground, while the club's owners Fenway Sports Group are feeling the pinch amid the coronavirus pandemic, with Boston Red Sox unable to host Major League Baseball games.

Jadon Sancho will be at the centre of what could prove one of the biggest transfer battles of the summer

Sancho's wage demands would also mean Liverpool having to bump up the pay of top-earning stars Virgil van Dijk, Mohamed Salah and Sadio Mane.

But the club haven't given up hope of signing the England winger, according to The Independent.

The publication reports that United are confident of landing former Manchester City academy star Sancho this summer, despite the player himself seeing Liverpool as the more attractive option.

United would be able to trump the Reds in terms of his much they could offer Sancho - but he and his advisers see Champions League football as a priority.

The Red Devils will resume their Premier League campiagn later this month in fifth place in the table, three points behind fourth-placed Chelsea.

With City facing a two-year ban from European competition, fifth place is expected to be enough to earn a place in next season's Champions League.

But Pep Guardiola's side are appealing against the ban, and their case will be heard by the Court of Arbitration for Sport next week - clouding the issue for United and the Premier League's other European hopefuls.

Madrid will be able to offer Champions League football, but The Independent report that Sancho's camp have doubts over whether it is the right time to move to the Bernabeu.

Jurgen Klopp has told Sancho how highly he rates him, and the player is reported to favour a move to Liverpool

So Liverpool's best hope could be that United fail to qualify, and Sancho decides to stay at Dortmund for another season.

Sancho is aware of Liverpool's interest, the Independent reports, while Klopp has in the past told the player how highly he rates him.

But the publication claims that if it turns out the 20-year-old is determined to move this summer, and Klopp insists he really wants him, then the funds will be found.

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That will of course be more feasible if either Mane or Salah are sold this summer - but that option does not seem one that most associated with the club would be willing to stomach.

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