Reports suggest their decision to pull out came because of Paris St Germain having a bid of €30 million rejected.
Corinthians had only been offering half that amount, but may now turn their attentions elsewhere.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.