Reports of Liverpool's imminent signing of Vasco de Gama whizkid Talles Magno are wide of the mark, sources have claimed.
The 18-year-old, dubbed the 'next Neymar', is a target for a number of clubs in Europe.
Brazilian sources claimed this week that the Reds were leading the race to sign Magno.
However, the Evening Standard says there is no truth in those reports.
This stems from Liverpool's reluctance to sign a young Brazilian without international experience.
Signed in 2015, Allan spent six spells away on loan because the club couldn't secure him a work-permit.
He joined Atletico Miniero in January this year without making single appearance for the Merseyside club.