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Published 11:32 28 May 2017 BST
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The 22-year-old made a name for himself after Monaco navigated their way to the Champions League semi-final and made his international debut for France in March.
Liverpool, however, is not the only side looking for Mendy's signature. Manchester City are also in the race to bring the left back to the club.
City are reportedly willing to offer the club £39m in the wake of the departure of long term servant Gaël Clichy and have already dealt with Monaco as they secured the signing of Bernardo Silva last week.
But Liverpool will reportedly match Manchester City in the bidding process which will mean they would set a new club record if a move is to materialise.
The club paid £35m for Andy Carroll back in 2011 and is still their most expensive signing to date.
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