Grujic signed for the Reds in a £5.1 million deal at the beginning of 2016, but spent the second half of the 2015/16 campaign back on loan with Red Star Belgrade.
Having made the move to Merseyside last summer, the Serbian has been dogged by injury throughout the current campaign, restricting him to just five appearances for the Reds so far.
The 20-year-old has recently made his return from a long-term hamstring problem, and has shone in both of his outings for the Liverpool U23s since.
Most recently, this came in Monday night’s 2-0 win over Chelsea, with Grujic playing the full 90 minutes as he edged closer to a return to the first-team setup.
However, he has also piqued the interest of Dinamo, who are scouring the market ahead of the summer transfer window.
This is likely to see them make a loan move for Grujic, as club advisor Zdravko Mamic revealed earlier this week, speaking to Serbian publication Blic.
The possibility of Grujic leaving on loan is an interesting one, with there being no clear indication of Jurgen Klopp‘s short-term plans for the lofty midfielder.
RB Leipzig’s Naby Keita has emerged as a possibility, suggesting Klopp is not content with his current options as he prepares for a busy campaign, likely fighting on four fronts.
Grujic is a talented footballer with the qualities required to shine in the Premier League, with his physicality improving significantly since his move from Belgrade.
But it remains to be seen where he stands in Klopp’s pecking order at present, and a loan move could be useful if he is not likely to be given regular game time at Anfield next season.
It has also been suggested that Grujic leaving on loan could aid Liverpool in their pursuit of Dinamo midfielder Ante Coric.
Meanwhile, Grujic has been called up to the Serbia U21s squad for their upcoming friendlies against Sweden (March 24) and Slovakia (March 28).