At the top of the German's wish-list was an attacking midfielder who could fill the void left behind by the departure of Philippe Coutinho, and while Fekir was set to be unveiled as his replacement last Friday, with the player even going so far as to record an interview with LFC TV before jetting off with the France squad to Russian Federation, the move mysteriously collapsed overnight.
Liverpool's proposed move to sign the Lyon ace failed to materialise.
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According to the paper, as the issue is to do with Fekir's medical history, there is a confidentiality issue preventing certain details being made public.
Shaqiri will feature for Switzerland in the coming weeks in the World Cup and is likely to play a key part of his national team's sides potential success in the competition that starts this Thursday.
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United are believed to be paying over £50m to secure the signature of the player, who was linked with City in the January transfer window.
One name that has been circling around the rumour mill is that of Xherdan Shaqiri.
Fekir, who scored 23 goals for Lyon in Ligue 1 last term, was the Reds' prime transfer target and was seen as the long-term replacement for Philippe Coutinho.
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Both Fekir and Klopp are still keen on seeing a move come to fruition.
According to the Mirror, Liverpool's interest is genuine and they will step up their pursuit of the Switzerland worldwide when he returns home from the World Cup.
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Instead, Liverpool will cool their transfer activity whilst the World Cup group stage games take place and they'll reassess their options and look to do more deals later on in the window.