Reports: Leicester City turn down Liverpool's £7 million bid for Ben Chilwell

Liverpool have had a lucrative bid for Leicester City full-back Ben Chilwell rejected according to Liverpool Echo. The 19-year-old left-back from Bedford hasn't made his English Premier League debut yet, but is well talked about in youth circles of football. He's a product of the Foxes’ academy and convinced Liverpool to test the resolve of his club with a £7 million bid for him.

However, Leicester City’s management have swiftly rejected the bid and informed the Merseyside club that they'll have to offer £10 million to secure the services of the 19-year-old. Arsenal were also believed to be pursuing the player in January and might also possibly make an offer, which could lead to a potential bidding war between the two clubs.

Jurgen Klopp is looking for a player to provide competition for Alberto Moreno on the left-hand side of their defense. The Spaniard notched up 50 appearances for Liverpool last season but can often be found straying out of position. Liverpool will seriously deliberate whether they want to spend £10 million on a defender that has only a year left on his contract or if they should look elsewhere.

If Liverpool were to meet Leicester's asking price, Chilwell is certainly a player with plenty pf promise and has already made three senior appearances in domestic competitions. His rise through the ranks has seen him being awarded the under-21 player of the year this season, and he would be a long-term option for the first team.

Liverpool are moving with great speed and poise on the transfer market, having already secured the signings of Marko Grujic, Joel Matip and Loris Karius and they are also said to be in advanced talks with Empoli's Piotr Zielinski.

Klopp has a great reputation for getting the best out of young players and he might yet play a crucial role in ensuring Liverpool seal the signing of Chilwell.