Liverpool are in advanced talks to secure their first signing of the summer transfer window, looking to bring back one of their former players.
The Reds are preparing for a new era at Anfield with an agreement in place for Andoni Iraola to join the club as their manager.
Iraola left Bournemouth this summer after guiding them into Europe, and he now looks set to replace Arne Slot, who was sacked last month.
After a disappointing 2025/26 season, the Liverpool hierarchy will likely want to back their new manager with reinforcements.
Thankfully for them, Iraola has shown he is capable of working with what he's got, with Bournemouth regularly having to sell their key players.
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It could be a busy summer window for Liverpool.
Liverpool in Advanced Transfer Talks
Former Bournemouth boss Andoni Iraola celebrates after Premier League match
According to a report from Anfield Watch, Liverpool are in advanced talks to sign Blackburn midfielder Patrik Farkas as their first addition of the summer transfer window.
Farkas is set to leave Blackburn at the end of the month due to his contract expiring, and discussions are now ongoing over a two-year deal at Anfield.
The Hungary U19 international left Liverpool four years ago after spending two years in the club's academy.
His younger brother Erik currently plays for Liverpool, catching the eye at under-18 level during the 2025-2026 season.
Farkas looks set to become the fifth Hungarian on the books at Liverpool, joining his younger brother, Milos Kerkez, Dominik Szoboszlai, and Armin Pecsi.