Markovic joined the club in summer 2014 for a fee of £20m from Benfica, but has since struggled to make an impact.
The Serbian has not even featured on the bench for Liverpool this season, after a series of underwhelming performances last season. He would probably make the point that playing as a wing-back wasn’t ideal.
The Daily Mail report that Liverpool have decided that Markovic would be better off getting regular football in another league rather than the odd appearance at Anfield, and say that Fenerbache look like the favourites to sign him.
Still only 20, there is hope that Markovic could come back from his loan and establish himself as part of Liverpool’s first team, but there must be doubts over his ability to make that step up.
Importantly, there is not thought to be an option for Fenerbache to sign Markovic at the end of the loan, leaving the door open at Anfield.
Chalk this one up as another failure for Liverpool’s transfer committee, and another expensive gamble that hasn’t paid off as yet. Markovic will become the fourth of the nine summer signings last summer to move on already.