Liverpool has vetoed the move to re-sign Philippe Coutinho but fancy the opportunity to sign Real Madrid midfielder Isco.
The idea to bring back the player that once forced his way out of Anfield was laughed off by Liverpool boss Jurgen Klopp.
Barcelona placed a price tag of £91million on the Brazilian but Liverpool is not entertaining the suggestion of bringing him back to Anfield.
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The Brazilian failed to live up to expectation in Barcelona and was loaned to Bayern Munich and the Bavarian hierarchy is not convinced he worth £101m option to buy on a permanent basis.
Liverpool is keen on signing a creative midfielder and has looked on to Real Madrid for reinforcement as they aim to add more creativity to the midfield.
Real Madrid is willing to do business if the £59million price tag is met for the former Malaga ace.