Rodgers to end Sahin loan
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It was hoped that the Bosman signing of Cole would send a message that the club retained their ambition to buy players of pedigree. He became one of the club's top earners.
Instead, his move to Anfield began appallingly when he was sent off on his Premier League debut against Arsenal.
After that, one setback followed another as he was unable to get a run in the side.
The new owners, Fenway Sports Group, then used Cole as an example of ill-advised recruitment policies of the previous regime.
With Liverpool still in the process of trying to move out big earners to relocate funds, they will welcome Cole's exit.
He is unlikely to be the only departure from Anfield this month.
Nuri Sahin – signed on loan amid a degree of fanfare from Real Madrid last August – is also free to end his spell prematurely.
Sahin has struggled to adapt to English football and has been – relegated to the bench.
Fulham have joined the chase to take him on loan, with former club Borussia Dortmund and Inter Milan also showing interest in the Turkish international.
As with Cole, ending Sahin's spell at Anfield will enable Rodgers to divert resources towards players he wants to recruit. (© Daily Telegraph, London)