Since joining the Ligue 1 side in July 2021, Sulemana has scored six goals and provided four assists in 37 games, with his performances catching the attention of a number of clubs.
Liverpool are believed to be one of the sides that are currently monitoring Sulemana's progress, despite the player having four years left on his Rennes contract.
According to Nacional, the Reds are preparing to make an offer in the region of £30.5m after Jurgen Klopp made the club's hierarchy aware of his admiration for the Ghana international.
Sulemana would strengthen Liverpool's attacking options as he predominately plays as a winger, who is comfortable on either flank.
However, the Reds are not the only team showing interest, with Barcelona and Real Madrid also linked with a move for the 20-year-old.