Liverpool are set to table a renewed attempt to sign Thomas Lemar after their initial offer of £65m was snubbed by AS Monaco.

The France international is highly rated in the French Ligue 1 after his title-winning campaign with the Principality club last term.

Lemar, 22, was initially linked with a move to Arsenal, but the deal did not materialise with Monaco having refused to place a price tag on his services. As a result, manager Arsene Wenger confirmed that the deal was dead last week whilst insisting that the club may or may not bring in another recruit before Thursday’s transfer deadline.

Jurgen Klopp’s side qualified for the Champions League proper via the playoff earlier this month, and they have since stepped up their pursuit for the former Caen man. The Reds have already had an opening bid of £65m turned down by the French champions, but according to The Liverpool Echo, and they are prepared to test Monaco’s resolve further with a £75m offer.

The move from Liverpool could potentially trigger a transfer tussle with the Gunners who are unlikely to back down after their initial attempts to sign Lemar were thwarted by Leonardo Jardim’s side. With Alexis Sanchez’s future still uncertain at the Emirates, Wenger will have one eye on Reds’ proceedings towards Lemar as he would want to lose out on both ends before the close of the transfer window.

Liverpool have made a good start to the new season with seven points from their opening three games, and they look in good shape to compete for the English crown which they have not won in the Premier League era. Philippe Coutinho’s future has been the subject of strong speculation in recent weeks, and the Reds are likely to do their utmost to prevent the attacker from joining Barcelona in this summer’s transfer window.