Liverpool have been monitoring the Borussia Monchengladbach player and will maintain a watching brief at the European Championship. The 24-year-old, who recently denied he was bound for Bayern Munich, is understood to have a release clause of about €40m (£34.3m).
The midfielder is one of several options under consideration at Liverpool although it is not guaranteed they will sign a replacement for Wijnaldum, who joined Paris Saint-Germain on a free transfer this week.
This story has been reproduced from the media. It does not necessarily represent the position of Liverpool Football Club.