The clubs have intertwined in recent seasons thanks to a series of transfers and connections - and that could lead to more signings for the reigning Premier League champions.
With Liverpool Academy graduate Conor Coady now plying his trade with the West Midlands side, there have been moves in both directions in the form of Diogo Jota and Ki-Jana Hoever.
In addition, assistant boss Lijnders worked at Porto before moving to England and had a key part in the successful signing of Jota - which could be repeated in future deals.
With Matos also working at Porto in the past, The Liverpool Echo point out that both Ruben Neves and Fabio Silva could end up at Anfield down the line should they continue to impress in the Premier League.
Neves, 23, proved to be a crucial element in Nuno Espirito Santo’s side during their promotion from the Championship, and Lijnders in particular is a huge fan.
Lijnders said of Neves back in 2019: "I know him very well, his ambition, his passion for the game, his professionalism. I know what he gives to the team and this type of player always interests us.
"I recognised him when I saw him at Wolves. I saw technique, professionalism. I saw the 2013-14 player I knew."
Fabio Silva has also caught the eye of the Dutch coach, but Matos is the one who knows him more closely.
The 18-year-old forward joined Wolves for £36m from Porto in the summer, and has gone on to show glimpses of his ability across seven appearances in all competitions with two EFL Trophy goals.
Espirito Santo said of his new forward in September: “What I can tell you and that I’m sure of, Fabio is a huge talent, pure talent. We have to help him develop that talent.
“The priority is to integrate him into the idea of the team and then that allows players to develop.
“It would be a mistake to compare Fabio to any other player because he is unique.”
Although Jurgen Klopp is always keen to keep an eye out for players that would improve his squad, his focus is likely to be on his defence following the recent injures to Virgil van Dijk and Joe Gomez.
The German boss is set to hand Jota another Premier League start for their clash against Wolves on Sunday following a fine run of nine goals in just 15 outings for his new side.
The Reds go into the game level on goal difference at the top of the table after 10 fixtures, with their opponents four points further down in seventh place.