Liverpool deal to sign Loic Remy from Queens Park Rangers is off after the striker failed his medical.

Loic Remy was in Boston to complete his move to Liverpool in a £8.5million deal and also had a four year contract agreed, but Liverpool have now pulled out of the deal. Earlier reports suggested that the deal was delayed due to paper work and the striker was set to be handed the iconic No 7 jersey.

Liverpool manager Brendan Rodgers confirmed the deal is off and the club is looking for alternatives, but there won’t be an panic buys.

Rodgers said: “It’s very simple – we’ve made a decision as a club not to go ahead with the deal. It’s unfortunate for the player.

“We’re disappointed for the player but there’s nothing more to be said and we will move on and look at other targets.

“There are certain different areas where I want to bring in players, but they have to be the right type.

“There is money to spend, no question, but I won’t spend it for the sake of it.

“It has to be the right type. If that means I have to wait until January then that’s what I will do.

“The players at the moment are in great condition, they are working very well and very hard.

“I have seen the development in some of the young players but if the right ones become available we would like to do something because I still have a lot to do on that front. But if they’re not available, I will wait.”

Meanwhile, Liverpool confirmed the signing Dejan Lovren from Southampton for  £20 million and are expected to announce the signing of Divock Origi later today.