Liverpool will reassess their list of targets to replace Philippe Coutinho after calling off the £53 million deal for Lyon’s Nabil Fekir.

The French side issued a statement on Saturday confirming the end of negotiations with the Merseyside club. That was a direct response to Liverpool’s decision to pull out of the deal 24 hours earlier.

Liverpool informed Lyon on Friday they were not going ahead as scheduled following Fekir’s medical, despite a fee and personal terms being agreed. There was no attempt from Liverpool to renegotiate terms.

The last 48 hours represent a significant setback in Jurgen Klopp’s summer transfer plans – especially as so much progress was made convincing the 24-year-old midfielder to move to Liverpool and in agreeing a fee with Lyon.

The blow is compounded by the fact one of Liverpool’s alternative targets to take the ten jersey vacated by Coutinho, West Ham’s Manuel Lanzini, suffered a cruciate ligament injury when training with Argentina last week.

Liverpool drew up a list of possible replacements after Coutinho's sale to Barcelona in January and felt Fekir was the ideal attacking midfield recruit.