Liverpool are not giving up hope of signing Barcelona striker Alexis Sanchez, despite reports suggesting that the Chile international is not keen on a move to Merseyside.

According to the Daily Star, the Reds will continue to persuade the player's representatives to agree a deal and the Catalan giants are willing to let him go for £34m.

However, the club may give up their pursuit of the Chilean if there is no movement by the end of the week and will accept a straight cash deal for Luis Suarez, who is rumoured to be close to completing his move to the Camp Nou.

Sanchez is said to prefer a move to Arsenal this summer if he is forced to leave the Spanish club.