Liverpool boss Brendan Rodgers is looking to reinforce his defensive options in the January transfer window.
Liverpool defender Jose Enrique is expected to be out of action with a knee problem until next year and Rosger is keen to bring in a new full-back in January.
Erkin has impressed for Fenerbahce this season and could join Liverpool in a cut-price deal in January, as his contract with the Turkish side is set to expire in the summer.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.