Liverpool have reportedly rejected an £11 million bid from Serie A side Napoli for out-of-favour Alberto Moreno, as they hold out for more.
Milner is set to retain his role for the upcoming campaign and, at 24, Moreno has been made available for transfer, as he pursues regular first-team football.
But according to the Telegraph, Liverpool are unwilling to allow him to leave for below their valuation.
Napoli are said to have offered £11 million for Moreno, but they saw this opening bid rejected, with the Reds hoping to secure a deal worth around £15 million.
This would be more than they paid to sign Moreno from Sevilla back in 2014, though the market has certainly shifted over the past three years.
Therefore, it is likely that Liverpool will entertain further bids throughout the transfer window.
Napoli could well return with an improved offer, too, as Maurizio Sarri looks to bolster his squad for 2017/18.