Liverpool are refusing to be scared off by Arsenal’s £35million valuation of Alex Oxlade-Chamberlain as Jurgen Klopp steps up his pursuit of the unsettled England midfielder.

Arsenal have yet to hold any formal talks with Oxlade-Chamberlain over a new contract, even though the 23-year-old is about to enter the final 12 months of his existing deal, and Liverpool are eager to exploit the situation.

Klopp is a keen admirer of Oxlade-Chamberlain and hopes to take advantage of the uncertainty over the player’s future at Arsenal as well as his growing frustration at not being a regular starter.

Oxlade-Chamberlain has been introduced from the substitutes’ bench more times (13) than he has made starts (12) in the Premier League this season and was again omitted from the starting XI for Monday’s woeful 3-0 defeat at Crystal Palace that dealt another serious blow to Arsenal’s hopes of a top four finish. Oxlade-Chamberlain also has his England prospects to consider.