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The 22-year-old was in fine form for PSV last season, scoring 27 goals and providing 10 assists in all competitions.
He may also be available for just £25million as well, making him a viable option for Liverpool in the transfer market.
There is always a risk in bringing in someone not proven in the Premier League to help make a difference under Klopp.
And the Liverpool boss has often taken time before giving new signings a chance in the first team, such as Andy Robertson.
But signing a player like Malen may well be a gamble worth making to spruce up Liverpool’s attacking options in their bid to climb back into the title race next season.
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