Liverpool have pulled back from plans to sign Youri Tielemans due to Leicester City's asking price.

The Telegraph says Jurgen Klopp is in the market for a midfielder after Georginio Wijnaldum left on a free transfer to join Paris Saint-Germain, but the Liverpool boss' search will now go on.

Tielemans had been identified as Klopp's preferred option with all efforts going in to securing his signature, but Liverpool are reluctant to shell out a mammoth fee and are not considering an approach for him this summer.

The £64million-rated Belgian was said to have been pushing for a move to Anfield as per reports in his homeland, but any deal now appears dead in the water.

Leicester have already offered a new contract to Tielemans.