Only last week were the Liverpool and Arsenal fans in the Transfer Tavern arguing over this target, to find themselves consoling each other these days now a Euro giant look to scuppering a deal.
Both Premier League titans have been linked with a move for Lorient defender Raphael Guerreiro in recent weeks, as they bid to draft in defensive reinforcements.
The 22-year old has emerged as one of the most solid full-backs on the continent, establishing himself as a regular in the Portugal national team.
Considering the relative dearth in quality left-backs in the game at the moment, the Reds in particular were believed to be keen in order to rid themselves of Alberto Moreno.
The Spaniard has failed to wholly convince in his two years on Merseyside, particularly coming under-fire in the Europa League final loss to Sevilla.
However, according to German outlet Bild (via the Metro), Borussia Dortmund are closing in on agreeing a deal with the defender, despite having a £12m bid knocked back earlier this month.
Is it vital that Liverpool replace Moreno this summer?