Anfield side to fork out massive sum for Bernabeu starlet.

Liverpool are preparing a club record bid for Real Madrid youngster Isco.

CaughtOffside understands that the Anfield side will make a big money offer for the 21 year old Spanish international provided they have secured a Champions League berth for next season.

Liverpool boss Brendan Rodgers has identified the former Malaga man as an ideal long term replacement for Steven Gerrard and will hope that the promise of regular first team football will tempt Isco into a move to the Merseyside club.

Isco started the season well following his £25m move to the Bernabeu, scoring five goals in his first six appearances for the Spanish giants, but since the turn of the year boss Carlo Ancelotti has offered the attacking midfielder a more limited role in his first team set-up.

Gareth Bale’s resurgence and Luka Modric’s continued run of fine form have left Isco considering his future at Real Madrid and a move to the Premier League could tempt the starlet.