The Saints look set to lose Adam Lallana as well as Luke Shaw in what has been a whirlwind 24 hours on the South Coast, having already sold Rickie Lambert to Liverpool prior to the World Cup.
Their captain is likely to complete a £25m switch to Anfield, while the teenage left-back’s move to the Red Devils is said to have cost around £30m.
With these key players gone, new manager Ronald Koeman is set to embark on a spending spree, with Ings a target.
Lambert’s absence leaves the Hampshire side light up front, with the experienced goal-getter having been a key man at the club for some time.
Ings fired 26 goals for Burnley last season to help earn them promotion to the Premier League, and is thought of as a top talent.
Although the Clarets have insisted that he will not be sold, Southampton are confident that £8m will be enough to get a deal done.
The 21-year-old has just over 12 months to run on his contract, which could tempt Burnley to cash in despite their immanent step up to the top tier.