The Swiss winger once again impressed for Switzerland at this summer's World Cup, but could ultimately do little to stop his country sliding out of the tournament at the hands of a plucky Sweden side in the round of 16.
Andy Hunter in The Guardian reports that Jurgen Klopp is interested in bringing the Stoke City star to Anfield to further add to his attacking options, as Liverpool look to build on last season's fourth-placed finish and Champions League loss.
The exact nature of the release clause in Shaqiri's contract is unknown, though it is believed to be in excess of £13m.
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The Echo reports that Shaqiri would prefer a move to Liverpool and Stoke are hopeful that selling the Swiss global to the Reds would mean they would be more willing to loan out one of Harry Wilson and Sheyi Ojo.
However, despite his career falling off track somewhat at Stoke, Liverpool boss Jurgen Klopp clearly believes the 74-time Swiss worldwide can perform at the highest level and aims to bring him to Anfield this summer. He admitted that he would like to leave following last season's relegation. A deal for the Lyon captain may yet be resurrected after France's World Cup campaign, however.
Shaqiri joined Stoke in 2015 from Inter Milan before going on to make 84 league appearances for the club. Fekir is now part of the French squad which have made it to the World Cup final.