Liverpool have slapped a £12 million price-tag on Ryan Babel.

The Mirror says Liverpool have turned down an £9million bid from Birmingham for Babel.

The Anfield club received the offer last night, but immediately insisted that the price falls well short of their valuation of around £12million for the Dutch international.

The Liverpool striker is keen to leave Liverpool, after making clear his frustration at a lack of first team opportunities since his arrival from Ajax two years ago.

But Benitez wants to recoup the £12million he paid for Babel, and the player himself is still keen to move to a club with Champions League prospects.