Liverpool and Borussia Dortmund are holding discussions with Donyell Malen’s agent, according to Voetbal International‘s Marco Timmer.

The Dutch journalist claims that the PSV Eindhoven striker’s representative Mino Raiola is “conducting” negotiations with the two clubs, with the player’s manager Roger Schmidt expecting him, and teammate Denzel Dumfries, to leave this summer.

“He (Schmidt) doesn’t really expect Malen and Dumfries back. On the other hand, I believe they have to report back on 19 July. There is not enough movement yet to say that there is already a transfer (but) we also know that things can go fast. I have spoken to some people within PSV who indicate there has been nobody concrete yet, not for Madueke. Not for Ihattaren, not for Dumfries, not for Malen yesterday.”

“Yes, of course, there are negotiations going on, and with that, it can also be counted on the negotiations that in this case, Mino Raiola is conducting with Dortmund or Liverpool, for example, for Malen and Inter and Everton for Dumfries, so he has been given that space. They are allowed to talk to other clubs, and then, at some point, it can go fast.”

A number of media outlets in different countries have now confirmed Liverpool’s interest in Malen, but it remains to be seen whether the Reds can beat Dortmund to secure the former Arsenal player’s signature.

With the Bundesliga side possessing funds after agreeing to sell Jadon Sancho to Manchester United, they could wrap up the deal for Malen very quickly if they put the money on the table.

Previous reports have suggested that PSV may only want €30m (£26m) for Malen, which won’t be a sizeable outlay for Dortmund, who are expected to receive €85m (£73m) as part of the Sancho deal.

Raiola also has a good relationship with the German club after helping them sign Erling Haaland eighteen months ago so Liverpool have their work cut out.