RBL are keen in the Reds youngster, though do not have the budget to meet Elliott's current personal terms.
Local reporter Philipp Hinze posted to X: "Harvey Elliott is indeed on Leipzig’s shadow squad list, but as of today, a transfer is not particularly likely.
"The overall package of transfer fee & salary is very high, Elliott’s market is broad & financially strong.
"A deal cannot be completely ruled out, as Leipzig maintains very good contact with Elliott’s agency, ROOF.
"What was cold weeks ago has at least warmed up somewhat.
"However, transfer revenue would need to be generated first, as the squad is currently overstaffed, especially in the attacking positions. Offensively, they have recently opted for other profiles.
"Contract until 2027. One to watch. RB possibly with outsider chances."