SPL outfit Hearts are under transfer restrictions that stipulate they can only register under-21 players and they have targeted a move for 20-year-old Ngoo.
Hearts boss John McGlynn has already brought in Danny Wilson on a loan from Liverpool and he has raided Anfield again for Ngoo.
Ngoo has yet to make a first-team appearance for Liverpool, but is a regular in the Under 21 side.
Liverpool chief Brendan Rodgers is happy to loan out Ngoo so that he can gain some valuable first-team experience.
Ngoo is expected to go straight into the squad for Saturday's Scottish Communities League Cup semi-final against Inverness.