The England international arrived at Anfield from the Magpies last year in a £35 million deal, but a largely unimpressive first campaign with the Reds, coupled with the arrival of new manager Brendan Rodgers, has left the striker sweating over his future on Merseyside.

The Tynesiders have already revealed they are open to re-signing the player on loan, with the option for a permanent deal - but at a fraction of the price they sold him for.

Rodgers, though, says Liverpool are unwilling to loan Carroll out, and will reportedly hold out for a £20million bid.

However, Pardew said: "[Reading chairman] John Madejski used to say to me about certain players, 'Just wipe your nose and move on', and I think [Liverpool] are going to have to do that with Andy.

"I think it was obvious as soon as Brendan went into Liverpool that Andy's time was going to have to be somewhere else. I think it's quite right we're involved in that.

"Whether he comes here, is something that I will take or I will leave.

"It's a lot of money for Mike [Ashley, Newcastle owner], although we'll obviously be getting a big upside in terms of what we sold him for, and we've got three great strikers here already.

"But of course as the manager, I want the best players I can get."