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Sevilla sporting director Ramon Rodríguez Verdejo believes Liverpool FC transfer target Alberto Moreno will stay put after the clubs failed to agree on a fee.

The Reds tabled an offer of £16million for the Spanish left-back last month but the La Liga outfit are holding out for around £20million.

Liverpool still hope a deal can be done but Verdejo says that will only happen if the asking price is met.

“The matter of Alberto is practically settled. We couldn’t reach an agreement and I don’t think it can be revived,” he said.

“It was great offer, but the player is only 21 years old and it’s possible that the catharsis of being with the national team had a positive effect.

“He has a lot of room to grow and the coach is very happy to have him. I don’t think we’ll make a lot of moves, but if on August 14 a club comes along and they give you a mountain of cash, well….I know you don’t like to hear it, but we are economic managers.

“My feeling is that the negotiations are paralysed and I don’t see any hint that they will be restarted. We put a price on our players which we believe to be appropriate. Whoever wants to buy, can buy, and if you can’t…

“Also, with the sale of (Ivan) Rakitic, our needs were covered. We don’t have the burden we had at other times.”

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