The Reds were allegedly desperate to sign the Brazilian play-maker but refused to pay over the odds.
The Brazil international was heavily linked with a move to Anfield in January, with the Telegraph reporting Liverpool made two bids for the attacker, neither of which met the £38m valuation of former club Shakhtar Donetsk.
The 26-year-old voiced his intent to join Jurgen Klopp’s side, as reported by the Liverpool Echo, but the forward’s wish was not granted, with the Ukrainian club eventually selling Teixeira to Chinese Superleague side Jiangsu Suning.
After just six league starts with the Far East side, Teixeira is now prepared to cut short his time away from European competition and has been linked with a move to Serie A with Inter.
According to Calcio Mercato, head coach Roberto Mancini is willing to offer defensive midfielder Felipe Melo as part of the deal that would see the attacker move to the San Siro on a season-long loan deal.
Suning Group, who own the Chinese club, are currently negotiating a deal that could see them take a 20 percent ownership in the Italian team, worth a reported £62 million.