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Liverpool ‘give up’ on signing Barcelona young star Gavi, according to today’s edition of Sport.

The 17-year-old has just over 12 months left on his current deal, a contract which includes a €50m release clause.

Liverpool are the club who have been ‘most aware’ of his situation. They have been keen on the midfielder for a while and ‘would have paid’ his buyout clause to secure his services this summer.

Jürgen Klopp’s side have now accepted defeat in their chase for the player. That’s because the Spain international is now close to signing a new deal at the Camp Nou.

It’s claimed a final meeting is scheduled between the teenager’s camp and the La Liga side’s officials this week. He and his agent have already received the formal offer from Barcelona, and the renewal is set to be closed in the coming days.

Liverpool have decided not to put pressure on the player’s environment.

The Reds will not ‘push harder’ because he is close to signing a new deal at Barcelona. They ‘already considers Gavi lost’,

The new deal will see the Spaniard’s release clause rise from €50m to €1bn.