Dembele who is just 18-year-old and a France Under-21 international has contributed with 12 goals in just 21 appearances for the Ligue 1 side this season and will cost £28m.
Reports from France say Liverpool have had the player watched on numerous occasions this season. Apparently Reds boss Jurgen Klopp is a huge admirer of the Ligue 1 striker.
According to the Guardian Dembele spoke to Jurgen Klopp on the phone this week, and is believed to be keen with the Reds future plans under the Liverpool manager
Watch Ousmane Dembele in action below.
Barcelona and Bayern Munich are also reportedly interested in the young forward.
However Dembele is quoted as saying: “I am well, I do not let [all the rumours] go to my head, I am only thinking about what happens on the pitch, about football,” he went on to say, “It’s a good feeling. I am keeping my head on straight.”