The Reds sold the attacking midfielder to Lazio for £4.3million several years ago, and he has massively improved in Serie A.
So much so that there is now talk of him being sold for a sizeable amount this summer, with newly-promoted Leeds being linked.
It is being reported that Marcelo Bielsa has enquired about the the 27-year-old with a view to signing him.
Reports in Italy earlier this year claimed that Lazio desperately trying to tie the midfielder down to a new deal with a release clause of around £87m.
Should no release clause get attached, it is thought that the Italians will demand £69m to sell Alberto.
If he does leave then Liverpool could be in for a potentially sizeable payout after having attached a 30 per cent sell on clause to the deal to sell him.
According to the Liverpool Echo , sporting director Michael Edwards, believed the player the club signed for £6.8m had real potential and made sure the Reds didn’t lose out.
That would mean that even if Lazio sold Alberto for around £30m then the Anfield club would get a nice juicy £10m themselves.
The Spaniard looks set to leave the German champions as he enters into the final year of his deal.
Liverpool have been most heavily linked with a move for the midfielder, but as yet no bids have been made.
Now, according to Bild , Liverpool's apparent interest could “unravel” with United – who were linked with the Spain international before he joined Bayern back in 2013 – reportedly monitoring the €30m-rated creator.
But with Red Devils all set to sign Donny van de Beek from Ajax, signing another midfielder may not be the way to go for Ole Gunnar Solskjaer.