But when Arsenal held talks with the midfielder it became clear he favoured a move to Anfield over the Emirates. And with five hours of deadline day remaining, Lemar is hoping a deal to take him to Merseyside can be agreed.
Liverpool have had club representatives in France for almost 24 hours and were yesterday confident of agreeing a deal for the midfielder, who scored 14 goals and registered 17 assists last season.
However, at this stage, it is unlikely Lemar will be joining Jürgen Klopp's side. A little over five hours remain until the window closes and the Reds haven't been able to agree terms with Monaco.
Lemar was keen to move to Arsenal earlier in the transfer window but the Gunners were unable to agree a fee with the Ligue 1 champions and pulled away from a move.
Liverpool subsequently became the front runners and the Frenchman has been drawn in by Klopp's project at Anfield, in much the same way as Virgil van Dijk. His head has been truly turned hence he wasn't keen to move to Arsenal, who Liverpool beat 4-0 at the weekend in ruthless fashion.
But unless there are dramatic movements, it appears Lemar will be staying at Monaco until January and possibly beyond.