Liverpool's pursuit of Sevilla left-back Alberto Moreno has come to an end, according to the Spanish side's sporting director Ramon Rodriguez Verdejo.
Moreno was believed to be one of the Reds' biggest targets for the summer transfer window, but Verdejo said that the two teams could not agree on a valuation for the player.
"The matter of Alberto is practically settled," he told El Correo de Andalucia, reports Inside Spanish Football. "We couldn't reach an agreement and I don't think it can be revived. It was a great offer, but the player is only 21 years old and it's possible that the catharsis of being with the national team had a positive effect.
"He has a lot of room to grow and the coach is very happy to have him. I don't think we'll make a lot of moves, but if on August 14 a club comes along and they give you a mountain of cash, well. I know you don't like to hear it, but we are economic managers.
"My feeling is that the negotiations are paralysed and I don't see any hint that they will be restarted. We put a price on our players which we believe to be appropriate. Whoever wants to buy, can buy."
Liverpool are also thought to be interested in Wolfsburg defender Ricardo Rodriguez.