Liverpool have set a firm asking price for Harvey Elliott following his outstanding campaign at the European Under-21 Championship, where the 22-year-old inspired England to the title and was named Player of the Tournament.
Elliott scored five goals in six matches to help the Young Lions retain their crown, capping a summer that has significantly raised his stock across Europe.
Despite his limited role in Arne Slot’s title-winning Premier League side last season — with just two starts in the league — the club still value him highly.
Liverpool believe Elliott’s experience at the top level, combined with his recent international success, places him above recent benchmarks such as Jarell Quansah’s expected £35 million move to Bayer Leverkusen.
As a result, the Reds have made it clear they would only consider selling the versatile forward for more than £40 million if a buy-back clause is included, or upwards of £50 million without one.
The club are aware that Elliott is seeking more regular minutes at elite level, potentially in the Champions League, and may be open to a move abroad if a suitable opportunity arises.
Interest in Elliott is said to be building, though it remains to be seen whether any club is willing to match Liverpool’s valuation.
The decision to demand a buy-back clause in some scenarios suggests that Liverpool are not completely closing the door on Elliott’s long-term future at Anfield.
His combination of technical quality, tactical intelligence and age makes him an attractive proposition in the current market, especially for clubs looking for creative depth in wide or midfield areas.

Meanwhile, Liverpool’s focus on reshaping the squad continues. While high-profile arrivals such as Florian Wirtz, Milos Kerkez and Jeremie Frimpong have grabbed headlines, outgoings are just as crucial in maintaining balance.
Quansah is close to joining Bayer Leverkusen, and further departures could follow, with Elliott’s fellow England youth international Tyler Morton also expected to leave.
Elliott’s next move could depend on whether clubs are willing to meet Liverpool’s terms — but after his summer exploits, his name will remain on the radar across Europe as the window progresses.