Juventus told they must pay £16million for Liverpool midfielder Alonso

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Though talks ended without a bid being lodged, Liverpool indicated a deal could be struck but made it clear they believe Alonso's value has risen since they paid Real Sociedad £10.5m for him four years ago.

Xabi Alonso: Top target for Juventus

Juventus are considering other candidates to bolster their midfield but are expected to return with an offer that could signal the end of the popular 26-year old's Anfield reign and clear the way for a renewed attempt to prise Gareth Barry from Aston Villa.

With Barry likely to cost at least £10m, and another £9m earmarked for Udinese left-back Andrea Dossena, Benitez needs to generate as much as he can to land his top transfer targets.

Tottenham and Juventus have been linked with Dossena, who has one full cap for Italy, but Liverpool appear to be in pole position for the 26-year old after opening negotiations recently with Udinese sporting director Pietro Leonardi.

The arrival of Dossena, soon after Philipp Degen's free transfer from Borussia Dortmund, would hasten the departure of John Arne Riise, as well as Steve Finnan, Jermaine Pennant, Harry Kewell and Peter Crouch.

Fulham manager Roy Hodgson wants to take Finnan back to Craven Cottage but may have his work cut out persuading him to swap a Champions' League campaign for a likely struggle to stay in the Barclays Premier League.

Fulham are also scouring the market for a centre-half, defensive midfielder, left winger and striker to possibly replace Brian McBride and are thought to be pursuing Kewell as well as Finnan.