Shaqiri, 26, is keen on a move to Anfield as he looks to leave Stoke following their relegation from the Premier League.
Jurgen Klopp has been eyeing Shaqiri as a potential acquisition since before the World Cup and he is now prepared to make his move to trigger the release clause embedded in the Swiss winger's contract.
The Switzerland global is looking for a move back to the Premier League after Stoke's relegation to the Championship and it looks like Liverpool will be his new club.More news: Warframe port on its way to Nintendo Switch
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Liverpool have reportedly opened talks with Stoke City over a deal to sign Xherdan Shaqiri this summer.
One of Switzerland's star performances in Russian Federation, his last-minute victor against Serbia sent the side through to the World Cup's round of 16 before their campaign drew to a close with a defeat to Sweden.
The Echo reports that Shaqiri would prefer a move to Liverpool and Stoke are hopeful that selling the Swiss global to the Reds would mean they would be more willing to loan out one of Harry Wilson and Sheyi Ojo. A deal for the Lyon captain may yet be resurrected after France's World Cup campaign, however.
Naby Keita and Fabinho are the only two major signings made by the Reds so far this summer.