Liverpool FC pull out of the race to sign Spanish midfielder David Silva

RAFA Benitez today confirmed that Liverpool DID make an inquiry for David Silva only for their interest to cool after learning of Valencia's asking price.
As revealed in Thursday's ECHO, the Reds boss had earmarked Silva as one of his top summer transfer targets and was willing to make an offer for the Spanish international if Valencia's valuation was realistic.
But Benitez today announced that he will not be following up his initial interest in the 23-year-old.
Confirming the ECHO's version of events, Benitez said: "It is true that we were asking about the situation with him but we are not happy with the situation now and he will not be a target for us."
Valencia are believed to be seeking as much as £30m for the player and even though Benitez rates the Euro 2008 star highly he would not be willing to pay that much for his services.
The only possible way any such deal will now be resurrected will be if Valencia lower their asking price significantly.
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