Liverpool management want to build the club around their new star Mohamed Salah.
The Daily Mail says Liverpool will make Salah the key man in their new era and robustly turn away any renewed interest from Real Madrid.
Salah has four years remaining on the £90,000-per-week deal he signed when arriving from Roma last summer but Liverpool are reviewing his terms and have a strong relationship with his agent Ramy Abbas.
Madrid's interest in the PFA Player of the Year became clear in December, when head coach Zinedine Zidane spoke about him at the Club World Cup.
At that time, his value was close to £100million but now a potential fee would be closer to £200m.
However, Liverpool want to keep Jurgen Klopp's side together and Salah is central to that.