The Reds are widely reported to be closing in on a deal to bring the 24-year-old Lyon attacker to Anfield this summer as Jurgen Klopp looks to wrap up his second summer signing.
Liverpool FC have already concluded a deal to bring Brazilian midfielder Fabinho to Anfield this summer from Monaco as the Reds ramped up their summer recruitment drive.
Fekir is thought to be close to sealing a move to Anfield this summer, although a transfer is yet to be officially confirmed, and Lyon on Saturday issued a statement insisting that the attacking midfielder is not close to a move to Anfield.
And former Reds midfielder Murphy seems to think that the signing of Fekir would represent good business for the Reds.
Speaking to talkSPORT, Murphy said: “I haven’t seen much of him, only the obvious bits, but he looks a super talent.
“What it is showing is an indication that they’re trying to compete, because they’re going for really top players now.
“I think the midfield area is one that needs addressing. I know they’ve got Keita and Fabinho now, and I like the fact they’re getting their business done early.
“I always felt at clubs when players were coming in late it was detrimental, because then you’ve got other players going, ‘Hold on, is that me out of the door?’ Get your business done early.”
Liverpool FC are looking to build a team capable of challenging for the Premier League title next season.
The Reds finished in fourth place in the Premier League table last season and reached the Champions League final, where they were beaten 3-1 by Real Madrid last month.
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