Newcastle have rejected a £30million bid from Liverpool for striker Andy Carroll.
It is understood the Magpies have turned down the offer from Anfield, just as they did Tottenham's approach last week.
The Magpies have spent much of the transfer window insisting the 22-year-old is not for sale amid Tottenham's concerted pursuit, and now it remains to be seen if their resolve to hang on to their 11-goal hitman can be broken during the remaining hours of the transfer window.
Carroll might be seen as a replacement for Fernando Torres if the Spain international's wish for a transfer granted, although Liverpool boss Kenny Dalglish insists the club's position on the striker is unchanged.
The Reds rejected a transfer request from the Spain international on Friday night, reminding the player of his commitment to a long-term contract, having turned down a £35million bid from Chelsea the previous day.
And despite a £22.9million deal for Ajax forward Luis Suarez being struck on Friday, with the Uruguay international expected to complete the paperwork formalities on the transfer later today, Dalglish insists it is not a case of one in and one out.
"We've not brought anyone in as a replacement for anyone else," said the Scot.
The club have not given up hope of persuading Torres to stay, although Dalglish tellingly reiterated his belief that his concern was players who were committed to the club.
"Movement is part and parcel of football but the most important people at Liverpool Football Club are the ones who want to be here," he added.
Torres, who trained on Sunday after the squad were given a couple of days off, was at the club's Melwood training ground on Monday morning.
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