The Togalese striker has been linked to a host of clubs such as Juventus, Spurs and Real Madrid. A January exit has looked likely since the 26-year-old publicly vented his frustration regarding his lack of first-team opportunities.
A loan deal would be more likely, but competition from rival clubs may leave the Reds’ with no choice other than to make a bid.
City bought the former Arsenal striker for £25million just 18 months ago, but unrest in the City camp has been linked to the 6ft 3″ striker and it would appear that manager Roberto Mancini has had enough.
Given City’s financial clout, it would appear unlikely that the Sky Blues would accept anything under £18million for Adebayor, which could price the Merseyside club out of the market. However, a loan deal with an option to buy could leave Liverpool holding all the cards at the end of the season.
The Manchester club may not want to loan the forward to another Premier League club and interest from Real Madrid would appear to be a safer option. Madrid have struggled with cover for their strikers this season and manager Jose Mourinho may see the City star as the perfect cure until the end of the current campaign.
The arrival of Bosnian superstar Edin Dzeko will push Ade further down the pecking order at Eastlands and leaves little doubt that the Togalese striker will be heading out of the club during the current transfer window.
Follow Matt Visser on Twitter @Matt_V_Football.