Liverpool and Everton have spent the season chasing dreams of finishing fourth in the Premier League and making it into the Champions League. Although both Merseyside clubs are still in the mix, it would be safe to say that they've become outside contenders compared to Arsenal, Tottenham and Chelsea.

Reaching Europe's most prestigious club competition will no doubt be the target next season for both clubs, not only for the pride, but also the financial rewards that accompany the tournament, which both the Reds and the Toffees desperately need as David Moyes and Brendan Rodgers struggle to keep a firm grasp of the purse strings while improving their squads.

Both Liverpool and Everton are expected to bring in new recruits in the summer to fulfill their ambitions, but which players are on the clubs' radars?

Here's a list, compiled of realistic transfer targets from across Europe, that could soon be gracing a pitch on either side of Stanley Park.

Click on Scott Sinclair to see the ten potential new recruits that could propel Everton or Liverpool to the promised land of the Champions League

Scott Sinclair