After two consecutively strong seasons in which he secured a crucial position in Carlo Ancelotti's team, Valverde is one of Madrid's most valued assets.
After acquiring Alexis Mac Allister from Brighton, Valverde is apparently a transfer target for Liverpool, who are looking to rebuild their midfield.
According to El Nacional, Reds manager Jurgen Klopp has tried to arrange a trade for Valverde, who was a member of the Madrid team that eliminated Liverpool from the Champions League last season and defeated them in the final in 2021–2022.
Liverpool reportedly made a £51 million offer that was promptly rejected in an effort to test Madrid's commitment to cash in on the Uruguayan international.
The 24-year-old relocated to Madrid's B squad in 2018, quickly progressing through their ranks to become one of the top players in the world.
With Toni Kroos and Luka Modric's careers coming to an end, Madrid is attempting to assemble a midfield for the future. Due of Valverde's significance, it appears that club president Florentino Perez has placed an £85 million price tag on the player.
Madrid wants a fixed price at their predetermined amount, but Liverpool's rumored offer included an additional splash on add-ons that would bring their bid close to Perez's valuation.
The Premier League team has long been a fan of his and reportedly sought to entice him to England in the last hours of the transfer market last summer, but were once again rejected.
After signing a contract extension two years ago that will keep him in the Spanish capital until 2027 and contains an £856 million release clause, Valverde's future there seemed to be set in stone.
The midfielder admitted in March that "if they want me out of Real Madrid, they will have to kill me," further indicating that he would not be eager to move to Anfield.
After Liverpool finished fifth in the Premier League standings last season, switching from Los Blancos to Merseyside would also mean switching from Champions League to Europa League competition.
As Jude Bellingham, a former target of Liverpool, decided to leave Borussia Dortmund, Madrid is anticipated to announce his arrival.
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