Roy Hodgson has targeted former Chelsea midfielder Joe Cole to be his first signing as Liverpool manager, according to CaughtOffside.com. The Fulham manager is expected to be named as manager of the Anfield club in the coming days, and he has targeted the out of contract player if he can get the financial backing from the board to fund his move. Any stumbling block to the move, according to the website, would be over Cole’s demands for £110k per week wages, totalling a staggering £17.1m over a three year contract. Hodgson’s attempt at a move would also come at the eleventh hour as both Arsenal and AC Milan are said to be leading the chase for the 28 year old. But the attraction of a regular starting place, something he would not be guaranteed at either Arsenal or Milan, may tempt the Londoner to move North to Merseyside.