Mario Balotelli's agent Mino Raiola has revealed that the striker will not be leaving Anfield this summer.
Graham Dorrans has signed a two-year deal with Norwich City following a successful loan spell with the club.
Sheffield Wednesday chairman Milan Mandaric has confirmed Neil Warnock is on a five-man shortlist to replace Dave Jones as the club's manager.
The prospect of Warnock, a lifelong Sheffield United fan, becoming the club's sixth permanent boss in just over seven years is sure to divide opinion among Wednesday fans.
Warnock, 65, was derided by Owls supporters during his eight-year spell as Blades manager from 1999, but Mandaric insisted whoever he chose to succeed Jones, sacked at the weekend, would be in the club's best interests.
Jones' assistant Stuart Gray took charge of the side for Tuesday night's shock 2-1 win over Leicester and has not been ruled out altogether by Mandaric, but is not on the shortlist.
"Not at this time," Mandaric told Sky Sports. "But Stuart is a very good coach, we are very lucky to have him there so it gives us time and an opportunity to take our time in bringing in the proper person rather than rush.
"Of course, there is no ruling out and there is some possibility if Stuart can take us on a run."
Asked if Warnock was amongst the candidates to take over, Mandaric added: "Yes he is, but it does not mean that he will be our manager.
"There are four or five names on that (shortlist) and he is one of them.
"If it comes that he's going to be the one there are good reasons for that and I will explain to our supporters because who ever I bring here it will be for no other reason that for what's best for the club.
"We are in a difficult situation so we need to bring somebody with the capabilities to galvanise the club and to take us out of here and where we belong.
"We have good enough players and we should not be bottom of the table and whoever comes in, I have to have full trust that he will be the person that will take us where we want to be.
"If that happens to be Neil Warnock I will justify that and it will be no problem at that time.
"But at this time it's not Neil Warnock, there's not just one name, there are four or five people I will be interviewing to see what is their desire, how strong they feel and whoever I choose I will give our supporters a full explanation."
Mandaric said that he had received between 50 and 60 applications for the job and that Rotherham had turned down his approach to speak to their manager Steve Evans.
Wednesday are second bottom in the Sky Bet Championship with victory over Leicester only their second win of the season.