Newcastle are yet to receive an acceptable bid for midfielder Georginio Wijnaldum despite speculation he is close to joining Liverpool.
Press Association Sport understands that there has been contact between the two clubs and that a fee for the £25m-rated Dutchman has been discussed.
However, sources on Tyneside have indicated that the terms proposed to date do not meet the club's requirements and as such, no deal is in place.
The Magpies do not want to sell Wijnaldum, who joined them in a £14.5m switch from PSV Eindhoven last summer, and have no need to do so despite suffering relegation from the Premier League.
But there is also an acceptance that every player has his price, and that a disgruntled player could be more trouble than he is worth and should Liverpool come up with the right money on the right terms, they may well do business.
Wijnaldum, whose situation is also being monitored by Tottenham, was Newcastle's leading scorer last season with 11 goals, four of them in a 6-2 league demolition of Norwich, although his form was patchy and he was unable to help the club retain its top-flight status following the appointment of Rafael Benitez as manager.
Martin Skrtel has signed for Fenerbahce from Liverpool after the Turkish Super Lig side announced the deal with a tweet welcoming the Slovakian defender.
Fener said the player would be presented to the media at 1200BST on Friday. No details over the length of contract were immediately announced, and it has been reported that the Istanbul club paid Liverpool £5m for the 31-year-old.
Skrtel joined the Reds from Russian club Zenit St Petersburg in January 2008 and was voted the club's player of the season in 2011-12, when he scored in the League Cup final victory over Cardiff.
He started 21 of Liverpool's 38 Premier League matches in the 2015-16 season, suffering an injury against Watford in December which led to Dejan Lovren and Mamadou Sakho forming a solid central defensive partnership in his absence.
Skrtel played every minute of Slovakia's Euro 2016 campaign, where the team reached the last 16 before being eliminated by Germany.
Martin Skrtel inched closer to leaving Liverpool for Fenerbahce on Wednesday after passing his medical ahead of a switch to the Turkish club.
The Slovakia captain, 31, arrived in Istanbul on Tuesday evening to finalise a transfer that will see him depart Anfield after eight years on Merseyside for a fee understood to be £5million.
Fener posted images of Skrtel and fellow prospective new signing Ismail Koybasi being put through numerous medical tests on their official website on Wednesday and, with that hurdle now cleared for both men, all that is left is to conclude personal terms with the pair.
Although he made over 300 appearances for Liverpool, Skrtel fell down the pecking order under Jurgen Klopp following a lengthy absence due to a hamstring injury and he is seen as surplus to requirements now Joel Matip has been recruited and Joe Gomez is fit again.
Liverpool could start the new season without Mamadou Sakho due to an Achilles injury while fellow centre-back Martin Skrtel has arrived in Istanbul ahead of his proposed move to Fenerbahce.
Only last week Sakho, 26, learned that proceedings opened against him following a failed drugs test in March had been dropped by UEFA, meaning he is now free to play having served an interim 30-day ban which saw him miss the Europa League final and cost him a place in France's Euro 2016 squad.
However, Reds boss Jurgen Klopp has revealed his central defender is now due to be sidelined for another month because of an injury which had been troubling him towards the tail end of the previous campaign.
Klopp said in quotes published in several national newspapers:
Mama had a little issue with his Achilles when he was playing, one day on, one off, this kind of thing. When he had his little 'break' he used the time to have a little bit of treatment and that now means another three or four weeks before he can train again.
There was no surgery, he is just not about to train at the moment. He has got some rehab of course and it's not too good a situation for him, for us, everybody.
It's not important what I could say because everyone thinks the same. He's here, he's not available at the moment but he is doing rehab. We will see how he reacts to that and then when he can play again.
Bournemouth have had a £15million bid for Liverpool winger Jordon Ibe accepted by the Merseyside club.
Ibe has been given permission to speak to the Cherries after a 2015-16 season that saw him make only 12 Premier League starts for the Reds.
The 20-year-old has been with Liverpool since joining from Wycombe in 2011.
Watford have signed out-of-contract Liverpool striker Jerome Sinclair on a five-year contract.
The Reds would have been entitled to compensation - usually decided by a tribunal - as Sinclair is just 19 but the clubs have managed to come to an agreement which will see the Merseysiders receive £4million.
In a statement Liverpool said: "His registration would have been subject to compensation in the form of a development fee.
"However, following amicable and professional discussions between Watford and Liverpool, the clubs have reached an agreement regarding a transfer."
Liverpool have signed Sadio Mane from Southampton in a deal reportedly worth around £30 million, it has been announced.Read the full story ›
Liverpool and Manchester United have been fined £30,565 each - half of which has been suspended - for illicit chanting by their fans during March's two-legged Europa League clash.
The Reds were fined a further £12,995 for the offences of setting off of fireworks, throwing of objects, crowd disturbances and a late kick-off and ordered to contact United within 30 days for the settlement of the damages caused by their supporters at Old Trafford.
United were fined £13,751 for the offences of blocking stairways, crowd disturbances and the throwing of objects.
Uefa's control, ethics and disciplinary body announced 50 per cent of both clubs' fines for illicit chanting were suspended for a probationary period of two years.
UEFA has opened disciplinary proceedings against Liverpool and Sevilla following the Europa League final in Basle on Wednesday night.
The charges laid against Liverpool are for crowd disturbances and the setting off of fireworks, and Sevilla for crowd disturbances and the throwing of objects, UEFA has announced.
The case will be dealt with by UEFA's control, ethics and disciplinary body on July 21.
Germany coach Joachim Low has suggested Mario Gotze find himself a new club this summer.
Gotze has been given limited time at Bayern Munich this season, with coach Pep Guardiola preferring other players.
While Guardiola is leaving this summer and being replaced by Carlo Ancelotti, Low nevertheless believes a change of scenery would do the 23-year-old Germany forward good.
"In general, I would say that a transfer can release new energy," Low told the Suddeutsche Zeitung newspaper. "A new environment, new surroundings, new motivations.
"Just look at how Toni Kroos has come on. He was a top player at Bayern already, but he has taken another leap in Madrid."
Gotze, who has a year left to run on his contract in Munich, has been linked with former club Borussia Dortmund, Juventus and Liverpool, and Low says the player should focus on who he would be working for rather than where he will ply his trade.
"He needs a coach who desperately wants him in his team, but that is not in any way a criticism of Bayern or of Pep Guardiola," Low added.