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Loic Remy's dream move to Liverpool has dramatically collapsed.

In a sensational twist today, with the French international due to sign a four year contract following a week of negotiation, we understand the Reds have pulled the plug under mysterious circumstances.

Liverpool declined to comment on a specific reason for pulling out of the deal, when they arrived in Chicago for tonight's game here at Solider Field, but we can reveal the £8.5m transfer is off, with indications that Remy has failed to pass a stringent medical.

That will come as a bitter blow to the striker, who was desperate to make the move to Merseyside in the search for Champions' League football.

And Reds boss Brendan Rodgers will also be bitterly disappointed, after pulling off a coup in securing the World Cup striker for such a small fee, because of a release clause in his QPR contract.

Suarez vs Remy: Premier League goals per game 2013/14 0.94 0.54

Few details were available here in Chicago, as the club prepared for their pre-season friendly game against Greek side Olympiakos.

Remy was on loan at Newcastle last season, and missed almost a month of action towards the back end of the campaign with a calf problem... but the issue is clearly far more serious than that relatively minor injury.

The player had flown out to Boston for his medical and to discuss terms on an £80,000 a year contract, but as the Liverpool squad jetted on to Chicago for the second leg of their pre-season tour, he returned home.

The Frenchman must now face the prospect of joining QPR for pre-season, with his dream of Champions' League football in tatters.

The collapse of the deal will leave the Anfield club now desperately searching for a striker before the start of the new Premier League campaign in just three weeks time.

Rodgers was hoping the French star's record of a goal every other game would go a long way to reducing the massive impact of the loss of Luis Suarez, who scored 31 times last season.

Now, he will need to use some of the £75m raised by the sale of the Uruguay striker to find a replacement quickly, with the Swansea forward Wilfried Bony back on his radar.

Liverpool though, will refuse to be held to ransom over wages or a transfer fee, despite their obvious need for a striker and the widespread knowledge they have money to spend after the sale of Suarez.

Feature: 5 strikers Liverpool should turn to now.

Other players whose transfers fell through at the last.

Follow the day's latest transfer news here.