This story has been reproduced from today's media. It does not necessarily represent the position of Liverpool Football Club.
Liverpool are planning on splashing the cash come the opening of the winter transfer window in the new year in an effort to ensure the club finishes this season in the top four of the Premier League, with in-demand Derby County midfield player Will Hughes said to be top of head coach Brendan Rodgers's shopping list according to reports in the Daily Mail.
The Merseyside giants have surprised many neutral observers by the impressive start to the new campaign they have made under the Northern Irishman's management, with the Reds currently sitting in third place in the Premier League standings, level on points with Chelsea, and two off leaders Arsenal after the first nine matches.
And in a bid to qualify for next season's Uefa Champions League for the first time since the 2009-10 campaign, the club's American owners, the Fenway Sports Group, are prepared to back Rodgers come the turn of the year, starting with the purchase of the Rams' England Under-21 international.
Hughes, 18, has a contract at Pride Park that currently runs until June 30 2016 and after scoring five goals for the Championship outfit in his 57 appearances to date in all competitions, the midfield player is not expected to come cheap.