Liverpool have reportedly had an £8m bid rejected for Real Madrid midfielder Esteban Granero.
The 25-year-old Spaniard has been linked with moves to both the Merseysiders and Arsenal in the last six months.
Reds boss Brendan Rodgers is now thought to have failed in his attempts to land the former Under-21s international, according to the Daily Mail.
Granero has played only 67 times for Los Blancos in three years following a move from Getafe in 2009.