By Richard Buxton
Liverpool's owners are refusing to sanction Brendan Rodgers's plans to sign Ashley Williams.
The Swansea City defender had been heavily tipped to succeed Jamie Carragher at the heart of the Anfield club's back line next season, with the veteran centre-back set to hang up his boots, but Fenway Sports Group has no plans to rubber-stamp any deal.
As revealed by Goal in April, Arsenal have stepped up their pursuit of Williams, who turns 29 in August, which threatened to see them go head to head in the transfer market with Liverpool to secure the Wales captain's services.
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FSG's previous management structure saw them fail to broker a deal for Clint Dempsey last summer, with the attacking midfielder's move to Tottenham on transfer deadline day forcing Rodgers to rely heavily on Luis Suarez until January as one of Liverpool's only two recognised senior strikers.
Williams, who agreed a one-year extension to his current Swansea deal to stay with the Capital One Cup holders until 2015, is valued at £12 million, which the Anfield hierarchy do not believe represents good business sense due to the lack of longevity his capture would provide.
However, Goal.com understands that the Americans' reluctance to bankroll a move for the boyhood Liverpool fan does not rule out future moves for experienced players, should they become available at a reasonable price.
Williams's representatives met with Arsenal in London in April as the Gunners began formalising their plans to strengthen their central defence this season, while Laurent Koscielny has been targeted by Bayern Munich, as Goal.com exclusively revealed on Thursday.