Bradley Barcola's transfer to Liverpool is in doubt after PSG set a £116million price tag on the 23-year-old.
What happened?
Liverpool had been linked with a move for Bradley Barcola during the summer transfer window.
Andoni Iraola, Liverpool's new manager, will be preparing for his debut season.
The Reds have long been anticipated to conduct significant transfer business this summer.
Why it matters for Bradley Barcola
PSG have no intention of selling Bradley Barcola, according to a report in The Athletic.
Barcola is contracted to PSG until the summer of 2028.
The report suggests he is not currently prepared to put pen to paper on fresh terms.
What comes next?
Liverpool have already indicated a readiness to offer up to £86million for RB Leipzig starlet Yan Diomande.
But reports over the weekend suggested that Diomande had indicated a desire to join PSG.
Brighton's Yankuba Minteh, FC Koln's Said El Mala and Lille's Matias Fernandez-Pardo have all been mentioned as possible alternatives to Diomande for Liverpool.
One signing has already been confirmed by Liverpool since Iraola's appointment, with Victor Munoz finalising a permanent switch from Osasuna for a fee understood to be in the region of £34.5million.
The Reds have repeatedly been linked with a move for Bradley Barcola, and speculation surrounding a potential transfer intensified following the recent news regarding Diomande's preference to move to Paris.
Liverpool have been handed a potentially significant blow to their hopes of landing Paris Saint-Germain star Bradley Barcola.
PSG appear firmly intent on keeping Barcola at the Parc des Princes this summer, which could represent a considerable setback for Liverpool as they seek to strengthen their wide forward options.