Tottenham Hotspur have reportedly approached Liverpool about bringing the out-of-favour Reds forward back to White Hart Lane.
Manager, Harry Redknapp is believed to have made an improved cash offer for the Republic of Ireland international, with Keane subsequently travelling to London to discuss rejoining the north London outfit just six months after departing for Anfield.
Keane has struggled to make an impression on Merseyside since joining for £20 million in July, scoring just five Premier League goals in 19 appearances.
While heading in the opposite direction to Anfield could be diminutive Real Madrid striker Javier Saviola, who has been linked with a loan move to both Portsmouth and Tottenham.
However, the Argentine may instead find himself bolstering Liverpool's forward line should Keane return to Spurs.
He would be the third former Tottenham player to rejoin the club this month, following the signings of Jermain Defoe and Pascal Chimbonda.
SPURS FANS! Check FourFourTwo.com’s ever-expanding interviews archive for more stuff to read: Web Exclusives Les Ferdinand, Paul Gascoigne, Gary Lineker, Glenn Hoddle, Frederic Kanoute One on One Paul Gascoigne, Les Ferdinand, Ossie Ardiles Boy's A Bit Special Chris Gunter, John Bostock Ask A Silly Question Garth Crooks Perfect XI Ossie Ardiles My Secret Vice Neil Ruddock
LIVERPOOL FANS! Check FourFourTwo.com’s ever-expanding interviews archive for more stuff to read: Web Exclusives Ian Rush, Craig Johnston Q&A Steven Gerrard, Fernando Torres One on One Michael Owen, Nicolas Anelka, Kevin Keegan Boy's A Bit Special Danny Guthrie Ask A Silly Question John Barnes, Peter Crouch, Luis Garcia, John Aldridge Perfect XI Jamie Carragher What Happened Next? Julian Dicks And Another Thing Being a Big Four fan
Plus! Rate Liverpool players (and others) on Talentspottercomments