FC Porto have reportedly turned down two recent offers for Liverpool and Chelsea long-term target Alex Telles.
According to Portuguese newspaper O Jogo, Juventus and Bayern Munich both offered around £31m for Brazilian defender but Portuguese giants have rejected their offer.
The Merseyside Reds have also been rumoured with the 25-year-old as Jurgen Klopp has had identified him as a replacement for Alberto Moreno.
Express Sport reported last month that Liverpool were ready to lock horns with Chelsea for the 25-year-old full-back who has been valued at £35m (€40m) due to his release clause.
The Reds head-coach boss Jurgen Klopp is looking to add strength to his defensive end ahead of the next season.
Despite reaching the Champions League final in Kiev Liverpool have finished Premier League season with 25 behind from Manchester City.
Andrew Robertson has emerged as a hugely successful signing, however, Klopp feels that Scottish defender is in need for competition.
Telles’ brilliant form for Porto last season has seen Telles rumoured with a switch to Premier League heavyweights.
Chelsea are also in the market for full-back and Telles would be a perfect addition to their squad.