Newcastle manager Alan Pardew has said Brendan Rodgers' arrival at Liverpool spelt the end of Andy Carroll's Anfield career and warned the Reds they would need to be flexible with their asking price if they want to sell the England striker.
Carroll left Newcastle for Liverpool for £35 million in January 2011 and has struggled to justify that price tag ever since.
To date, the 23-year-old has found the back of the net 11 times in 56 appearances, and his future has been plunged into further doubt with persistent claims that he will not fit into the way Rodgers wants his team to play.
A return to Newcastle has been mooted, and Liverpool have already rejected an initial bid to take the forward back to Tyneside on loan.
For a permanent deal to go through, Pardew insists the Anfield club must be prepared to accept a big loss. He told BBC Radio Newcastle: "[Reading chairman] John Madejski used to say to me about certain players, just wipe your nose and move on. And I think [Liverpool] are going to have to do that with Andy.
"I think it was obvious that as soon as Brendan went into Liverpool that Andy's time was going to have to be somewhere else. Whether he comes here is something that I will take or I will leave.
"It's a lot of money for Mike [Ashley, Newcastle owner], although we'll obviously be getting a big upside in terms of what we sold him for and we've got three great strikers here already. But of course, as the manager, I want the best players I can get."
Italian forward Fabio Borini has already arrived at Anfield, and Pardew says there are players out there that represent good value should Liverpool decide to offload Carroll.
"Whether it's £15m, £16m or £20 million, if [Rodgers] uses that money and gets an uplift in the player that he brings in that's OK," he added. "And that's how you've got to look at it."