Joe Cole set to sign for Liverpool?

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Free State Stadium Mangaung/Bloemfontein World Cup 2010 Germany v England (4-1) Match 51 27/06/10 Joe Cole (England) Photo Roger Parker Fotosports International Photo via Newscom

Reports today suggest that Liverpool are on the verge of signing former Chelsea midfielder Joe Cole on a free transfer, beating off competition from Tottenham and Arsenal.

The Reds are reported to have offered the England international a lucrative deal to tempt him up north, and away from the North London clubs that can offer him Champions League football this season.

Cole’s contract at Stamford Bridge expired at the end of June, and is now considering his options.

Liverpool boss Roy Hodgson refused to rule out speculation linking the club with the 28-year-old. He said, “As far as I know, Joe Cole is still a player looking for a club.

“I know we’ve been connected with him, and it’s good to know we’re connected with players of that quality, but I don’t have anything to report on the subject.

“I haven’t had any discussions with him, but I had a brief chat a while back.”