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. He was valued at £70m last summer when Palace turned down a series of bids from Newcastle.
Guehi also has the option of seeing out his contract and leaving on a lucrative free transfer next summer.
A number of big European clubs are believed to be interested in signing Guehi as a free agent at the end of the 2025/26 campaign.
Newcastle are not expected to be in the race for Guehi after agreeing a deal for centre-back Malick Thiaw with AC Milan.
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.