• Liverpool turned down move before finances discussed
• Full-back’s contract runs out in the summer

Liverpool have rejected Real Madrid’s attempt to sign Trent Alexander-Arnold in the January window.

The defender, 26, will be out of contract in the summer, and is free under regulations to sign a pre-contract deal for next season from New Year’s Day. Madrid have long been linked as his eventual destination but an attempt to pre-empt that process has fallen flat, with Liverpool rejecting the move.