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Liverpool are set to miss out on Mohamed Salah with the FC Basel winger on the brink of signing for Chelsea.

The Reds had hoped to make the 21-year-old Egypt international their first signing of the January transfer window.

However, following talks with the Swiss Super League outfit the ECHO understands that Anfield officials have been unable to agree a fee.

In pictures: Mohamad Salah

Liverpool value the player at around the £8million mark but Basel have upped their asking price for Salah to around £16million.

Chelsea, whose transfer kitty has been fuelled by the £37million sale of Juan Mata to Manchester United, have informed Basel they are willing to pay that figure.

Liverpool have no intention of matching that bid so if Salah accepts the opportunity to join Chelsea he will be London bound and Reds boss Brendan Rodgers will turn his attention to other targets.

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