Liverpool have dismissed reports linking Andy Carroll with a move back to Newcastle as 'complete nonsense'.
Carroll moved to Merseyside from Tyneside for £35 million a year ago, but has found the net on only six occasions for the Reds.
According to the Daily Express, there had been suggestions that Liverpool had offered Carroll to his former employers for £20 million, but these reports have now been rejected.
"It is complete nonsense," a spokesman for the Anfield club told the Daily Express. "There is nothing in it."
Liverpool, meanwhile, are alleged to be in the market for goalscoring reinforcements this month as Kenny Dalglish looks soften the blow struck by Luis Suarez's ban.
Inter Milan teenager Luc Castaignos has emerged as the latest target for the Reds, and a loan move fro the San Siro to Anfield has been mooted.