This story has been reproduced from today's media. It does not necessarily represent the position of Liverpool Football Club.
Negotiations over Karim Benzema's proposed contract extension with Real Madrid have hit a stumbling block, giving Liverpool; Arsenal and Manchester United new hope of signing the striker.
Spanish sources claim that Benzema has rebuffed a £5.5million per-year offer, and will instead hold-out for a colossal£7m deal.
It is thought the Frenchman is exploiting his highly coveted status to negotiate an improved contract with the reigning Champions League holders.
Benzema clearly has no problems with displaying his ability on the world stage - three goals in as many games for Didier Deschamps's France has added to his already considerable £40m price-tag.
Madrid chiefs failure to tie Benzema to a contract extension has left them vulnerable to his ultimatum.
And with the financial might of PSG, Manchester United and Arsenal monitoring the situation, Real may have no choice but to submit to the 26-year-old's demands.The forward has enjoyed a productive season with the Madrid club, helping them to claim a first Champions League trophy since the triumph of 2002.
But despite netting 17 league goals, with a further nine assists to boot, manager Carlo Ancelotti may decide that cashing in on the French international would constitute better business.