The Belgian has been in great form for Borussia Monchengladbach this season with 11 goals and six assists.
Hazard is contracted with the Bundesliga giants till 2020, and the report adds that Manchester United and Everton are also interested in the Belgian winger.
Liverpool could do with some additional firepower in the second half of the season, and Hazard seems to be a quality option if we can sign him based on his release clause.
It would be tough for the attacker to start games from the go at Liverpool but having someone to cover Sadio Mane and Mohamed Salah would be great.
The Liverpool duo has been incredible since joining the Reds and Klopp splashed a lot in the summer to sign the likes of Naby Keita, Fabinho and Alisson.
Xherdan Shaqiri was the only attack-minded player we got in the summer, and it will be interesting to see our activity in the winter window.
The Reds lead the Premier League by just one point, and strengthening our side in January could make our Premier League dreams come true.