Liverpool have already made three signings this summer with Darwin Nunez, Calvin Ramsey and Fabio Carvalho all joining the Anfield outfit, and now a new update has emerged on a potential transfer target.

What's the latest?

According to The Mirror, Liverpool are now set to make a bid for Portuguese midfielder Otavio.

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As per the report, Porto are expecting the Champions League finalists to make an official offer of £34m for their player in the coming days, despite having a £51m release clause.

Liverpool are said to be following up their interest in attacking players due to the exit of Sadio Mane who joined Bayern Munich this week.

Imagine him & Nunez

If the club did sign Otavio this summer, Jurgen Klopp would have the opportunity to unleash a formidable partnership between the attacking midfielder and his fellow former Primeira Liga star Nunez at Anfield next season.

The 27-year-old machine who was hailed "phenomenal" by scout Alex Goncalves has been a consistent and reliable attacking threat for Porto and it's not hard to see why Liverpool see him as a viable option to boost goal contributions and chance creation in the team upon the exit of Mane.

Over 32 league appearances this season, the midfielder has scored three goals, delivered 11 assists and created a whopping 17 big chances, making 2.3 key passes, 3.2 tackles and 1.1 dribbles completed on average per game, as well as winning the majority of his duels combined (51%), proving that he is a real force in midfield.

Otavio also offers wide diversity in his position, an attribute that Klopp would value highly as they compete on all fronts for trophies, with the Portuguese star capable of playing effectively in all midfield roles from left to right and in the advanced role, with strengths in high pressing and playmaking according to SofaScore.

These qualities displayed by Otavio would be a great addition to compliment Nunez in his striker role at Anfield and to increase the amount of attacking opportunities generally across the team.

With that being said, the signing of the player would be a major coup for Liverpool in their pursuit to not only soften the blow of losing Mane this summer but also to ensure the team can compete at a high level next season as they did in the previous campaign.

AND in other news: FSG make LFC transfer decision on "world-class" £81m-rated star, Klopp will be fuming