This story has been reproduced from today's media. It does not necessarily represent the position of Liverpool Football Club.
Liverpool will make a third attempt to land England midfielder Adam Lallana following the World Cup in Brazil.
The Reds' improved offer of £25million was rejected by Southampton prior to the tournament with the South Coast outfit having initially snubbed a £20million bid.
Saints want £30million and with Liverpool reluctant to go that high that has led to increased speculation they could abandon their pursuit of the 26-year-old and turn their attention to other targets.
Bayern Munich's Xherdan Shaqiri and Benfica's Lazar Markovic, who were both heavily scouted last season, have been identified as suitable alternatives but manager Brendan Rodgers isn't ready to admit defeat in his pursuit of Lallana.
Once Lallana's international commitments with England are complete and the World Cup is over, Liverpool will look to resume negotiations with Southampton in the knowledge that the player is desperate to make the move to Anfield.
The Reds have already signed his Saints clubmate Rickie Lambert for £4million and are also keen on their Croatian centre-back Dejan Lovren.
Southampton executive director Les Reed has urged Lallana to remain at St Mary's following the appointment of Ronald Koeman as the club's new boss but the Dutchman faces a challenge convincing him to stay put.
"Lallana's been here long enough, we've brought him to this level and we feel that perhaps he should give it a little bit longer," Reed said.
"Anybody seriously considering coming for our players are going to have to think very significantly about the size of the fee.
"If we do take money it will be because it's the right amount and it enables us to improve the team and move forward.
"I hope the (managerial) announcement will prick up a few ears and they will think that's a good, positive move from the club. If players leave, it will be because we believe it is right for the club."