The Hungarian winger revealed on Tuesday that he had been the subject of interest from England.
He claimed that the opportunity to make a move to Anfield had been denied him by his current employers.
Dinamo were reluctant to discuss reported interest from Liverpool in January, with the club keen to keep their squad intact.
They have, however, now confirmed that a bid was made from the Premier League side.
Liverpool's offer was knocked back, though, as they were looking to tie up a short-term deal, rather than a permanent transfer.
"We received an offer from Liverpool for a loan deal but not for a permanent deal," said Dinamo's sporting director Dmitry Galyamin.
"Loaning is not an option for us so we finished the discussions immediately."
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