This is according to The Daily Mail, who report that the Red Devils were keen on midfielder Ejaria but now look likely to lose out with the 16-year-old - who is being allowed to leave the Emirates Stadium - apparently keen on a move to Merseyside after featuring as trialist for Liverpool's youth setup in a recent clash against Eredivisie giants Ajax.
Liverpool's Premier League title hopes were dealt a devastating blow at the hands of Crystal Palace on Monday night, with a last-gasp 3-3 draw at Selhurst Park requiring Brendan Rodgers' side to rely on an unlikely slip-up from rivals Manchester City heading into the final week of the 2013/14 campaign.
Even if they do not win the league, however, it is surely likely that Liverpool have immensely improved their chances of success in attracting a high-caliber of player this summer thanks in no small part to their return to the Champions League.
By contrast, Manchester United's own reputation in the transfer market is likely to suffer a significant drop in the short-term, with the club - who sacked David Moyes over the Easter period following a turbulent and ultimately unsuccessful 10-month reign at Old Trafford - missing out on qualification for European football's elite club tournament for the first time in almost two decades.
While Liverpool are evidently yet to complete the signing of Ejaria, Rodgers' wealth of previous experience as a youth coach - a role he performed to a high degree with both Reading and Chelsea - should make him an excellent judge of young talent.