Liverpool transfer news: Jurgen Klopp 'refused' to pay £10m for Ben Chilwell despite left-back problem

The promising 19-year-old defender has since signed a new five-year contract with Leicester

Chilwell has risen through the ranks of Leicester's academy (Getty)

Jürgen Klopp, the Liverpool manager, reportedly refused to meet Leicester City valuation of Ben Chilwell, despite his side’s dearth of options at left-back.

The promising 19-year-old defender’s price of £10m was deemed too high for a player who is yet to make his Premier League debut, according to an insider on Liverpool’s transfer window by Joe.co.uk.

Chilwell, a product of Leicester’s academy, has since signed a new five-year contract with the club.

The England Under-21 international was one of several left-backs linked with a move to Anfield this summer, amid a shortage of quality options in the position.

Cologne’s Jonas Hector, Chelsea’s Cristian Cuevas and Hull City’s Andrew Robertson were all mentioned in connection with a move to Merseyside, among others, but Klopp decided against strengthening his reserves.

James Milner is currently playing out-of-position to fill the role, having replaced the erratic and error-prone Alberto Moreno as first-choice.

Moreno has not appeared for Klopp’s side since last month’s opening weekend 4-3 win at Arsenal, during which the Spaniard clumsily conceded a penalty.

The 24-year-old, who ranked among the most creative full-backs in European football last season, was also criticised for his display in May's 3-1 Europa League final defeat to Sevilla.

Liverpool will meet Leicester in their first home game of the season on Saturday.