Wirtz is the most high-profile situation in the market right now; Liverpool’s proposal was worth up to a club-record €130million (£109m; $148.5m) — comprised of a guaranteed fee plus potential add-ons — and may yet increase. Wirtz is a long-term target for Liverpool, their first choice and the only player they have made a bid for in his position.

Trent Alexander-Arnold will be available for Real Madrid at the Club World Cup, with Liverpool having accepted an advanced payment.

Real Madrid reportedly face a 'major obstacle' in their bid to sign Stuttgart star Angelo Stiller this summer.