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A deal of £110m has been rejected by the Toon, who want significantly more for their star striker because he has three years to run on his contract.
He was also set to return to the North East from Spain over the weekend.
And while Liverpool have already spent close to £300m on new signings they are under no PSR pressure having already sold several fringe members of the squad while commercial and matchday revenues have grown substantially.
Here are the transfer stories worth keeping an eye on as the new season rapidly approaches
READ MORE:European giants make Liverpool star Darwin Nunez top transfer targetREAD MORE:'I rejected big-money Liverpool transfer - now I could replace Son Heung-min at Tottenham'
AC Milan have made contact with the representatives of Darwin Nunez as they eye a deal for the Liverpool forward.
Liverpool retain an interest in Newcastle star Alexander Isak too and have seen a bid turned down for the Premier League striker.
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If the Reds are successful in landing the Sweden star, Nunez's position would appear to be even more untenable.
But thus far, Liverpool have not been able to find an agreement with any suitors for the former Benfica forward's signature.
Liverpool could let three youngsters leave the club this summer as Luca Stephenson, James McConnell and Lewis Koumas gain interest from a number of teams.
And the Premier League champions are open to sanctioning more exits for some young players as manager Arne Slot continues to overhaul his squad to keep it in fighting contention for the Premier League title once again.
Stephenson has featured in pre-season under Slot and has impressed Slot after being included in the pre-season tour to Asia, but he has interest from Dundee United , Swansea, Reading, Rotherham and Cardiff over a loan move.
Luca Stephenson in pre-season action for Liverpool(Image: 2024 DeFodi Images)
Tottenham Hotspur are eyeing up a player who almost moved to Liverpool, as they now look to replace Son Heung-Min.
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Sky has slashed the price of its Essential TV and Sky Sports bundle ahead of the 2025/26 season, saving members £192 and offering more than 1,400 live matches across the Premier League, EFL and more.
Sky will show at least 215 live Premier League games next season, an increase of up to 100 more.
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