Jude Bellingham is a signing that presents a "big risk" for Liverpool due to his price-tag, according to former midfielder Dietmar Hamann.
Jurgen Klopp's side are among several clubs attributed with an interest in the Borussia Dortmund midfielder, whose impressive performances at the World Cup with England has resulted in further attention.
Real Madrid are reportedly eyeing a move for Bellingham and Paris Saint-Germain chairman Nasser Al-Khelaifi has confirmed his club's interest in the 19-year-old.
Liverpool could therefore have to pay a record-breaking figure in order to land Bellingham's services.
Though Hamann believes Bellingham is an exciting player, he urged his former club to show caution.
"I'd be careful with Bellingham right now. He's an exceptional talent, he showed that at the World Cup, but if Dortmund ask for £100-million odd, £140-150 million, it's a big risk as well," he told Talksport.
"I think with Bellingham he's got to find a position. He models himself of Steven Gerrard but I don't think he's got the ability and pace going forward like Gerrard had.
"I think you need to wait and see where he finds his spot in the midfield two or midfield three in the future, and to pay £150million for an 18 or 19-year-old, I think it's a big risk."
Liverpool have already made a move to reinforce their squad ahead of the mid-season transfer window, with PSV confirming their agreement with the Reds for a deal taking Cody Gakpo to Anfield.
The 23-year-old caught the eye with his exploits for the Netherlands at Qatar 2022, where he became the first Dutch player to score in his first three World Cup games.
"They have needed a player like him for the last few years. I don't think they have enough of a goal threat from midfield," Hamann added of Gakpo.
"They are always a threat from set-pieces and that will be strengthened with his size and physicality. And in midfield, at times I feel they lack a bit of physicality.
"They don't have a player who has the physicality that he has got. I always look at Joelinton as a player in the mould Liverpool needed because he can drive from midfield, he can head the ball, very good technically, and he has got a bit of pace about him as well.
"He is a great addition and I hope we see a lot of him in the next few weeks and months."
Al-Nassr 3-1 Al-Khaleej: Ronaldo nets twice and passes up penalty in cup semi-final
Cristiano Ronaldo returned to the scoresheet with two goals as Al-Nassr beat Al-Khaleej 3-1 to reach the final of the King Cup of Champions on Wednesday.
Ronaldo scored either side of half-time as Al-Nassr teed up a final clash with Saudi Pro League leaders Al-Hilal, who beat Al-Ittihad 2-1 in the other semi-final on Tuesday.
The former Real Madrid and Manchester United star took advantage of an error from opposing goalkeeper Ibrahim Sehic to open the scoring 17 minutes in, then tapped home at the second attempt to make it a double shortly before the hour mark.
That goal could have made it a hat-trick for the Portugal star, but he passed up the chance to take a first-half penalty after Ivo Rodrigues handled in the area, Sadio Mane instead stepping up to blast his kick into the top corner.
Fawaz Al Terais was on target late on for Al-Khaleej, but that proved a mere consolation in a one-sided affair which saw Al-Nassr rack up 21 shots and 3.78 expected goals (xG), with their opponents managing just nine shots totalling 1.37 xG.
Data Debrief: Ronaldo's mini drought over
Ronaldo was frustrated against Al-Khaleej in the Saudi Pro League on Saturday, but he was back on song against the same opponents on Wednesday to end his mini drought of two games.
While Ronaldo's 43 touches were the fewest of any outfielder to start for Al-Nassr, he managed seven shots, five shots from inside the area and four dribbles – all game-high figures.
Al Ittihad 1-2 Al Hilal: Holders into King's Cup final
Al Hilal overcame Sergej Milinkovic-Savic's red card as Saud Abdulhamid's late goal sealed a 2-1 victory over Al Ittihad in the King's Cup semi-finals.
Without Karim Benzema, Al Ittihad ultimately lacked the firepower to make their numerical advantage count in Tuesday's clash.
Former Lazio midfielder, who joined Al Hilal as part of their spending spree last year, received a straight red card in the 42nd minute.
Al Ittihad's Abderrazzaq Hamed-Allah cancelled out Micheal's opener, but Abdulhamid popped up with the winner in the 81st minute.
Al Hilal are 10-time King's Cup winners, having won their 10th title last season.
The Saudi Pro League leaders, who are still without the injured Neymar, will now face either Al Khaleej or Cristiano Ronaldo's Al Nassr in the final at the end of May.
Data Debrief: Malcom in the middle
Al Hilal might be missing their star Brazilian Neymar, but his compatriot Malcom is delivering when it comes to playmaking.
The former Zenit attacker set up both of Al Hilal's goals, creating three chances in total and registering a pass accuracy of 92.6 per cent, better than any of his team-mates.
Former Spain boss Del Bosque to oversee RFEF
Former Spain boss Vicente del Bosque will oversee a new committee supervising the RFEF.
Spain, which is due to be one of six host countries for the 2030 World Cup, announced the creation of a special committee until the federation holds elections to replace Luis Rubiales.
That is despite Pedro Rocha having this week been appointed as Rubiales' replacement, though he himself is under investigation amid a corruption probe.
Rubiales was dismissed following his unsolicited kiss on Jenni Hermoso during the Women's World Cup trophy ceremony in 2023.
The federation's former president was then arrested in early April as part of a corruption investigation.
Del Bosque led Spain to three consecutive trophies, winning the European Championships in 2008 and 2012, while also leading the team to their first World Cup success in 2010.
Prior to his time with the national team, he also won two Champions Leagues and two LaLiga titles while in charge of Real Madrid, where he made over 400 appearances as a player.
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