This story has been reproduced from today's media. It does not necessarily represent the position of Liverpool Football Club.
Liverpool will compete against Premier League rivals Manchester United and Chelsea in the race to sign Southampton and England golden boy Luke Shaw this summer.
Manager Brendan Rodgers wants to bring in top talent to capitalise on Liverpool's excellent season and the club will back him financially once Champions League qualification is assured.
Although Chelsea have long been favourites to land £30million-rated Shaw and Manchester United chief executive Ed Woodward had a three-hour meeting with David Moyes last week to discuss the left-back in transfer targets, the ambitious Rodgers is determined Liverpool will also bid to sign him.
Shaw, 18, made his England debut against Denmark earlier this month and is tipped to join Leighton Baines ahead of Ashley Cole in England's World Cup squad for Brazil.