The Mirror reports that Henry is hoping that the sale of the midfielder could raise enough funds to buy Clint Dempsey from Fulham.
Liverpool boss Brendan Rodgers’ current transfer kitty is reportedly not big enough to splash £7.5million on Dempsey.
Liverpool are ready to offer Adam to Fulham in part-exchange for Dempsey, but the Scotland midfielder is reportedly not keen on a move to London.
Everton have long been strongly linked with a move for Adam, while Bolton are keen on signing Spearing.
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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.