Liverpool have rejected an offer of £8m and Yossi Benayoun in exchange for midfielder Raul Meireles, but expect an improved bid to be made before the transfer window closes tomorrow.
Reds boss Kenny Dalglish is well aware of the surplus of midfielders at the club, but values his Portugal international star higher than £8m plus a player Liverpool have already sold previously.
His Chelsea counterpart Andre Villas Boas is certainly keen to bring a central midfielder to Stamford Bridge, but has grown frustrated with the prolonged pursuit of Tottenham Hotspur playmaker Luka Modric, whose price is escalating by the day it seems.
Spurs boss Harry Redknapp is beginning to lose patience with the Croatian’s reluctance to play for his club, and it appears he and chairman Daniel Levy are gradually opening up to the idea of selling Modric and strengthening the team with the funds.
Chelsea may now be looking elsewhere though, which weakens Tottenham’s negotiating position.
Is the Meireles bid actually a smokescreen for Modric’s pursuit?