The 21-year-old has made a strong impression in the pre-season, scoring against both Arsenal and Manchester United.
Liverpool have turned down a bid of approximately £15m from Southampton for Fabio Carvalho. Southampton's long-term interest in the young forward is well-known, yet their offer is considerably below Liverpool's valuation for a permanent transfer.
During Liverpool's pre-season tour in the United States, Carvalho's performances, including goals in victories over Arsenal and Manchester United, have been noteworthy. Liverpool's new manager, Arne Slot, sees Carvalho fitting into his 4-2-3-1 system, unless an enticing offer prompts a sale.
With several players returning late to the squad, Slot has had the chance to evaluate his younger talent, and Carvalho, along with defender Sepp van den Berg, has been prominent.
Nonetheless, Carvalho's chances for regular first-team play might be scarce once the full squad, including forwards Luis Diaz, Darwin Nunez, and Cody Gakpo, are back from their breaks following the Copa America and Euro 2024.
Carvalho, who was on loan at RB Leipzig and Hull City last season, has also caught the attention of other clubs.
He netted nine goals in 20 appearances for Hull City, and another loan would be seen as a last option.