Liverpool have distanced themselves from a move for Inter Milan midfielder Wesley Sneijder, according to reports from Sky Sports.

It had been speculated that the Reds were preparing a late move to bring the Dutch international, who is rumoured to be on the verge of joining Galatasaray, to the Premier League.

The 28-year-old is set to leave the San Siro following a contractual dispute with his employers, which has led to a reported €10 bid from the Turkish club being accepted.

However, Liverpool managing director Ian Ayre ruled out the prospect of Sneijder moving to Anfield this month, insisting that there is no interest from the Merseysiders.

It had been suggested that the club would be unwilling to do a deal for financial reasons, with the playmaker’s weekly wages estimated to be in the region of £200,000.

But, Ayre stated that the money is in place for additions to the squad during the coming weeks:

"We don't have any issues with finances, it is about doing what is best in the long-term interests of the football club, always.

"With the advent of financial fair play it means everyone should be running the club prudently and that does not mean not investing but investing wisely and at the right time, and we will always do that."

He went on to suggest that the club have a number of potential signings in mind:

"Everyone who operates in January knows it is always a difficult window, but we will do what we can.

“We have got targets in sight and if we can resolve those great, if not then we will move onto summer and do what we need to do.”

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