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Liverpool 'have made £51m approach for Federico Valverde' but Real Madrid president Florentino Perez 'will not enter negotiations for anything less than £85m'

Liverpool have reportedly had a £51million bid for Real Madrid midfielder Federico Valverde thrown out by the Spanish giants.

Valverde is one of Madrid's most valuable assets after consecutive impressive seasons that have seen him nail down a key role within Carlo Ancelotti's side.

Meanwhile, Liverpool are wanting to overhaul their midfield and have reportedly made Valverde a transfer target after already bringing in Alexis Mac Allister from Brighton.

Reds boss Jurgen Klopp apparently likes what he has seen from Valverde, who was part of a Madrid side that knocked Liverpool out of last season's Champions League and beat them in the 2021/22 final, and has attempted to negotiate a transfer for the midfielder, according to El Nacional.