Liverpool are keeping tabs on PSV Eindhoven striker Donyell Malen after his price tag was cut, according to reports in the Italian media.

AC Milan, Juventus and Borussia Dortmund are also thought to be monitoring the former Arsenal academy graduate’s situation after PSV’s decision to slash his asking price from €50m (£43m) to €30m (£26m).

Malen has made a name for himself since leaving the Gunners three and a half years ago. The 22-year-old has scored 51 goals in 110 appearances for PSV and has been capped by the Netherlands on seven occasions.

Liverpool are said to be keen on strengthening their forward line in the summer and, if the reports are true that Malan is available for such a low fee, it is not surprising the Reds are considering making their move.

Malen started the Netherlands’ 4-2 defeat to Turkey last night, and will also likely be involved when his national team take on Latvia and Gibraltor in World Cup qualifiers over the next week.