According to the Daily Mirror, Liverpool boss Roy Hodgson is plotting a £15 million raid for the England international.
Hodgson is desperate to strengthen his squad, as he seeks to return Liverpool to their former glories and a Champions League spot.
Villa are not keen to let Young leave, but the right fee will certainly give Gerard Houllier and the Villa board food for thought.
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Meanwhile, West Ham have entered the race to sign Tottenham striker Robbie Keane.
The out-of-favour Irishman has been told he can leave White Hart Lane in January and the Hammers are ready with a £5m offer.
Wolves and Aston Villa are also keen.
Source: DSG