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27th May, 2016 | 9:22pm

Liverpool launch summer bid to sign key target, face battle with German giants - report

By Alex Taylor

Liverpool have made an offer for left-back Raphael Guerreiro, according to the Portugal international’s French club Lorient.

French-born Guerreiro – who is in the Portugal squad for Euro 2016 – is being chased by the Reds and three other clubs this summer.

However, Lorient vice-president Alex Hayes has claimed none of the clubs has offered enough money for the 22-year-old.

Guerreiro is one of a number of players on the Liverpool left-back shortlist as the Merseysiders aim to provide genuine competition to Alberto Moreno.

A Liverpool source has told Football Insider that the club’s other main transfer targets on the shortlist include Leicester’s Ben Chilwell, PSV Eindhoven’s Jetro Willems and Cologne’s Jonas Hector.

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“For the moment four major foreign clubs, including Dortmund and Liverpool, have made an offer,” Hayes said, as quoted by the Guardian.

“No one wants to see Raphaël leave, especially the president. He will only be transferred if a club makes an offer that we can’t refuse.

“The fourth one shouldn’t take too long to be made [officially] but for the moment none of them satisfy us. We’re calm. We don’t need to sell to balance the books.”

Guerreiro, who has won five senior caps for his country to date, joined Lorient from Caen in June 2013 and helped Portugal’s Under-21s to second place at last summer’s European U21 Championships in the Czech Republic.

In other Liverpool transfer news, Liverpool face battle to keep teen sensation due to wage demands