Liverpool ace wants payoff to quit club
Cole has failed to break into the Liverpool first team since his arrival from Chelsea in 2010 and even spent last season on loan with French club Lille.
With his career on the decline it seems Cole is desperate to get out of Merseyside and is willing to make it easy for Brendan Rodgers and the club.
Cole is reportedly on £100,000 a week but he is willing to receive £50,000 a week in compensation until his contract is up if he can leave the club for nothing.
The former West Ham midfielder will be a wanted man if this bizarre deal goes through and Uncle Harry at Queens Park Rangers will undoubtedly be at the front of the queue to snap him up along with Reading, West Ham and Aston Villa.