Reds told to up offer for French striker.
Real Madrid have reportedly rejected a £47m bid from Liverpool to sign French striker Karim Benzema, according to Spanish source Fichajes.com.
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The Reds have recently been linked with a move to bring in Benzema as the ideal replacement for Luis Suarez upfront, with Mario Balotelli struggling to settle in since his summer move from AC Milan.
However, the club will have to up their offer after Real turned down this opening bid, with the Spanish giants under pressure not to sell more big names after allowing Angel Di Maria and Xabi Alonso to leave this summer.
Benzema has been a key player for the club in his time in the Spanish capital, scoring 114 goals in 245 appearances.