Following the capture of Stephen M’bia, the Black Sea Storm are after a striker and according to the Express, are preparing a bid for the 24-year-old.
However, the Red’s are almost certain to make a loss on their £16 million investment. The Italian international joined Liverpool from AC Milan at the start of the season but has failed to make an impact.
The volatile striker has managed to score just four goals in 28 appearances this season for Liverpool.
The 24-year-old has previously played for Manchester City, AC Milan, Inter Milan and Lumezzane.
Balotelli also has 13 goals in 33 international appearances for the Italian national team.
Trabzonspor finished last season in fifth place but are expected to invest heavily and mount a title challenge next season.