The bid is reported by all the Liverpool correspondents, with The Telegraph’s Chris Bascombe writing that negotiations could prove tricky because Liverpool have upset Swansea by pursuing striker Wilfried Bony.
With Liverpool having bid £16 million for Moreno, Sevilla were wanting £20 million.
Brendan Rodgers has now seemingly turned his attentions to 21-year-old Welshman Davies, with Chelsea‘s Ryan Bertrand the other alternative.
The Daily Mail claim Swansea have put a £12 million price tag on Davies.
Would Davies be worth £12 million? Let us know in the comments below.