Liverpool and Norwich have failed to reach an agreement for Jamal Lewis, with the Premier League champions close to signing Konstantinos Tsimikas as cover at left-back.
The Greek international can be secured for €13 million (£11.75) from Olympiacos, which represents better value as an option to deputise for Andy Robertson.
Norwich rebuffed Liverpool’s opening offer of £10m for Lewis, demanding at least double that fee to part with a player that won’t be short of options in the window.
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The Northern Ireland international had wanted to line up under Jürgen Klopp and relished the challenge of becoming Robertson’s competition rather than just a back-up in the position.
The German was enthused to work with a player he believed had a high ceiling and the right attitude to develop, but Liverpool and Norwich were too far apart in negotiations.
As revealed by The Independent, the Reds had a shortlist of four candidates to strengthen that area of the squad, which featured Tsimikas.
The 24-year-old is due to fly into Merseyside for a medical early next week.