European giant chasing Liverpool midfielder

Liverpool midfielder Joe Cole, currently out on loan to Lille, has impressed so much in the French Ligue 1 during his time there this season that he has caught the eye of mega-rich club of the capital, Paris St-Germain.

The Qatar-owned club are, according to reports in France today, prepared to offer the Reds £5million for Cole, who was signed on a free transfer from Chelsea at the beginning of the 2010/11 season by former Liverpool coach Roy Hodgson.

PSG are now managed by former Chelsea boss Carlo Ancelotti, but they could face competition for his signature from Lille, where Cole is thought to feel settled.

Cole is thought to be on wages of around £120,000 a week and, despite impressing this season in France, not expected to return to Merseyside and be part of Kenny Dalglish‘s plans this summer.

Cole’s contract with Liverpool runs out in 2014.

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