Liverpool made an attempt for Real Madrid midfielder Fede Valverde last month.
AS says the Reds were desperately looking to add a midfielder with injuries to the likes of Thiago Alcantara, Jordan Henderson, Naby Keita, Fabio Carvalho, Curtis Jones, and Alex Oxlade-Chamberlain.
The Uruguayan has been linked with a move to Anfield numerous times in the past and it's been claimed Jurgen Klopp opted to make a move for the Los Blancos star this summer.
Liverpool made a bid of £86.5million in the final two days of the summer transfer window.
The same report, however, suggests that the Spanish giants rejected the offer as they found it 'brutal' and 'offensive' - dismissing they would sell the star, let alone that late in the transfer window.