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Liverpool remain keen on signing Crystal Palace centre-back Marc Guehi this summer.
However, they are unwilling to overpay for a player who has entered the final year of his contract.
Palace chairman Steve Parish has said he may have to consider selling Guehi if the defender does not sign a new deal.
The England defender is unlikely to sign a new contract at Palace.
Could Crystal Palace captain Marc Guehi be on the move this summer.
Newcastle are not expected to be in the race for Guehi after agreeing a deal for centre-back Malick Thiaw with AC Milan.
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Tottenham, who also had a bid for Guehi rejected in the winter window, are in the market for a defender this summer, but their priority at this stage is bringing in a winger and a No 10.
The Premier League champions are also interested in Parma's teenage centre-back Giovanni Leoni!
Parma could be open to selling the 18-year-old for around £26m (€30m) plus bonuses.
Interest in Leoni is not expected to affect Liverpool's potential pursuit of Guehi.
Liverpool need more experience at centre-back and Ibrahima Konate is entering the final year of his deal.
Sky Sports to show 215 live Premier League games this season.
215 live premier league matches up from 128 this season on Sky Sports
From this season, Sky Sports' Premier League coverage will increase from 128 matches to at least 215 games exclusively live.
And 80 per cent of all televised Premier League games this season will be on Sky Sports.
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