Borussia Dortmund reportedly currently value in-demand midfielder Jude Bellingham in the region of £129m, but the figure could rise after the 2022 World Cup.
The 19-year-old was in excellent form for BVB ahead of the tournament in Qatar, contributing nine goals and three assists in 22 appearances in all competitions during the opening months of the 2022-23 campaign.
Bellingham, as expected, has been a key player for England during the World Cup, starting all three matches against Iran, the USA and Wales, finding the back of the net against the former on November 21.
The teenager has a contract with Dortmund until June 2025, but he is widely expected to be on the move during next summer's transfer window.
Liverpool, Real Madrid and Manchester City are believed to be the three favourites for his signature at this moment in time, with Manchester United and Chelsea dropping down the pecking order.
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According to The Times, Dortmund currently value Bellingham in the region of £129m but are expecting the figure to rise if the midfielder continues to impress at the World Cup.
The report claims that the German club will sit down with the former Birmingham City youngster at the end of the World Cup to discuss his future.
Liverpool are thought to be in a strong position to sign him, although the Reds could find it difficult to match the transfer fee and huge wage packet that the midfielder would demand.
Dortmund managing director Carsten Cramer has talked-up a move to Anfield, claiming that the Reds would be his "preferred club" in terms of Bellingham's next move.
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However, Cramer insisted that the Merseyside club would not be receiving any special favours despite the strong relationship between the two sides.
"We have a high sympathy for Liverpool for sure," he told Vietnam News when asked about the transfer rumour.
"We are still in a good relationship with Jurgen [Klopp] and many others at Liverpool, so for me, it's my preferred club in the EPL as well. But don't expect that we will make gifts to Liverpool."
Bellingham has scored 19 goals and registered 21 assists in 112 appearances for Dortmund since making the move to the Bundesliga giants from Birmingham in the summer of 2020.
The youngster is again expected to be in the starting XI when England take on Senegal in the last-16 stage of the World Cup on Sunday night.