Liverpool have been handed a transfer boost following reports that Bayern Munich have lowered their asking price for midfielder Thiago Alcantara.

The Reds have been heavily linked with the 29-year-old, who won the Champions League with Bayern on Sunday following a 1-0 victory over Paris Saint-Germain in Lisbon.

Reports in The Athletic claim the Bundesliga champions are willing to accept offers in the region of £27m for the player, rather than £36m as initially suggested.

Thiago is out of contract at the German club next summer and it’s understood that Bayern would rather cash in on the Spain international now than allow him to leave on a free.

This opens up a window of opportunity for Liverpool, with Jurgen Klopp’s side said to be preparing an offer in the coming weeks.

Alcantara falls outside of the Reds’ usual transfer strategy, being slightly older than a typical Anfield signing – however, clubs might not be able to afford to be picky with the uncertainties surrounding the impact of coronavirus on football finances.

Thiago has an unusual backstory – having been born in Italy, his father Marzinho played for the Brazil national side, whilst the player himself has chosen to represent Spain in the international arena.

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