Scott, 23, has developed into a key player for Bournemouth this season, scoring three goals and adding an assist in 37 Premier League appearances last term.
The England international has two years left on his contract and has previously turned down an offer to extend it, a stance that has invited interest from across the Premier League's elite: Scott has been linked with Manchester City, Manchester United, Arsenal and Chelsea in recent months.
According to The Independent, Liverpool are now looking to add a defensive midfielder before the window closes, with head coach Andoni Iraola — who worked with Scott at Bournemouth before his move to Anfield — keen on a reunion. Scott sits at the top of Liverpool's list of midfield targets, but the reported £90m price tag is a significant obstacle.
There is a sense that Liverpool could be prepared to wait until next year before making a serious attempt to sign him, given the scale of the fee.
That patience carries a risk, however, with Chelsea still firmly interested in Scott and reportedly weighing up whether to submit a fresh offer before deadline day.
Bournemouth have already rebuffed an approach in the region of £70m and remain determined to keep hold of their midfielder for the coming season, insisting he is not for sale regardless of the interest from Merseyside or west London. Some reports have suggested Bournemouth's true asking price, if they were to be moved at all, could run beyond £100m this late in the window.
Scott has scored six goals and provided five assists in 90 competitive appearances for Bournemouth since joining the club, developing into one of the most sought-after young English midfielders in the league under Iraola's guidance before the Spaniard's own move to Liverpool this summer.
His importance to Bournemouth was underlined last season, when he was nearly ever-present across matches against the division's biggest sides, playing 625 of a possible 630 minutes as the Cherries took points off Arsenal, Manchester City, Manchester United, Liverpool and Chelsea.