Liverpool have quickly turned to Rodrygo after ending their interest in Alexander Isak.
With Luis Diaz leaving for Bayern Munich in a deal worth around £65million, the Premier League champions were expected to reinvest the funds in the Newcastle striker.
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The Reds have spent heavily already this summer, snapping up Florian Wirtz in a British record deal worth up to £116m, while Jeremie Frimpong and Milos Kerkez arrived from Bayer Leverkusen and Bournemouth, respectively, for a combined £75m.
And one £110m bid for Isak later, which was immediately rejected by Newcastle, and the Reds have are said to have admitted defeat in what they few as a “futile” chase for his signature.
The nature of Newcastle’s rejection - the club are said to want £150m - has led them to abandon their attempts to sign the player, and now Rodrygo is reportedly in their sights.
ESPN Brazil report that Liverpool have already made contact with Rodrygo's agents ahead of a first formal bid.
Journalist Siro Lopez claims that Rodrygo has agreed personal terms with the Reds, writing: "Liverpool have spoken to the entourage of Rodrygo, and the Real Madrid forward has approved an informal offer of personal terms."
Arsenal and Tottenham have also been linked with Rodrygo, who faces an uncertain future in Madrid.
