The Reds have been linked with the likes of Juventus midfielder Christian Poulsen and AC Milan's Mathieu Flamini this week.
Asked about speculation linking Liverpool with a variety of names over the past few days, Hodgson said: "There are lots of players being linked with us, but that's part of being manager of a big club. Agents of big players are anxious to get their names linked with Liverpool.
"I take most of it with a pinch of salt. We try to do our business properly with the targets we have and say as little as possible until the time is right."
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