Liverpool were linked to a move for Otavio this summer with a bid expected this week from the club, however, a new update has now emerged from a reliable source on the rumour.

What's the latest?

Italian journalist and transfer insider Fabrizio Romano has now revealed there have been no negotiations to sign the Porto midfielder or Georginio Wijnaldum this summer.

Romano tweeted: "Both Liverpool and Porto deny all the stories about Otavio deal. There are no negotiations ongoing - also, the release clause is €40m and not €60m. Otavio and Wijnaldum are not in the list for Liverpool as things stand - still long market, but no talks for these two."

Supporters will be gutted

There is no doubt that supporters will be gutted that Liverpool don't seem to be closer to making a midfielder signing this summer, as the centre of the pitch was reported as a priority area that the club wanted to address this summer.

Jordan Henderson, Thiago Alcantara and James Milner are all now in their 30s, so signing new midfielders to come in to progress gradually in the team to take over in the midfield of the future is something that could do with being looked at this summer.

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With both Wijnaldum and Otavio off the cards as it stands, it is looking likely that the powers at Anfield are planning to hold out for Borussia Dortmund star Jude Bellingham - who Liverpool are reportedly confident about signing this time next year.

It remains to be seen if the Reds will compete at the same outstanding level they did last season, winning both the FA Cup and Carabao Cup, getting to their third Champions League final under Klopp and taking the title race down to the last day of the Premier League campaign, playing every game they possibly could.

Losing Sadio Mane is a big blow for Liverpool, alongside Divock Origi and Taki Minamino, who will both also leave the club this summer, while there are also reports that FSG are considering the sale of Mohamed Salah this summer after making no progress in contract negotiations.

However, despite Liverpool's lack of progression with a midfielder so far, the window has only been open for almost three weeks and there is still plenty of time for things to change - and FSG will need to make a decision on whether they believe the current team and new additions are enough to continue to compete.

AND in other news: FSG submit Liverpool bid for £27m-rated "phenomenon", he can be Klopp's next Salah