Piotr Zielinski's agent says the midfielder has made a decision on his future but will wait before revealing his move.
The Pole, who plays for Italian club Udinese, is believed to also be a target for AC Milan.
Bartolomej Bolek, Zielinski's agent, suggested to La Gazzetta dello Sport that the 22-year-old had made a decision about where he would play next season but would be keeping silent about his future for the time being.
"I met owner [Giampaolo] Pozzo and spoke to Udinese today," Bolek said. We are trying to find the best solution both for the club and the player.
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"We know that many offers reached Udinese for Zielinski. We're talking to Pozzo and the interested clubs.
"After the Euros, he went on vacation as he needed to rest after a long season. He will return to Udine on July 22 or 23.
"It's true [that Liverpool have been tracking the player] but I don't like to talk about negotiations in the papers."
When asked whether Zielinski had a preference between Liverpool or AC Milan, Bolek replied: "We've decided, but it's a secret."
Zielinski was signed to Udinese in 2011, aged 17, but has spent the past two seasons on loan at fellow Serie A side Empoli, where he has made 66 appearances and netted five times.