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Published 12:54 14 Nov 2018 GMT
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It now look as though the player will part ways with the LaLiga club, after it has become clear that the pair are not compatible.
In pursuit of the Premier League title, Klopp sees the chance to sign Dembélé as an opportunity to boost Liverpool's chances of keeping up with Manchester City.
Liverpool have a well established front three of Sadio Mané, Roberto Firmino and Mohamed Salah, but Dembélé would provide the option to rotate the front line alongside Xherdan Shaqiri and Daniel Sturridge throughout the long, busy season that lies ahead for the Reds.
Dembélé hit his best form while at Borussia Dortmund, although his time at the club did not overlap with Klopp's. The 21-year-old thrived under Thomas Tuchel, forming a devastating front line next to Marco Reus and Pierre-Emerick Aubameyang.
On paper, Dembélé is a perfect fit for Liverpool, but as his nightmare at Barcelona has taught us, these transfers don't always work out the way they're supposed to.
If Liverpool do sign the winger in January, it will be the second consecutive year that they have broken their club record signing after they bought Virgil Van Dijk from Southampton last season for £75m.
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