Liverpool have made a formal £12.6m bid for Bologna star Gaston Ramirez according to reports in Italy.
Merseyside club have tracked the flamboyant winger for quite a long time and after the arrival of the 21-year-old's agent in England, many think that his days in Italy are counted.
Bologna, however, don't want to lose their biggest asset and hold out for the asking price of initial £14.2m plus add-ons.
Ramirez is currently in London taking part in Olympics.
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