Liverpool wants to tie manager Brendan Rodgers down to a new contract.
Rodgers, appointed as manager in June 2012, has under two years remaining on his deal and the Anfield giants are wary of taking any risks over his future.
The Liverpool board is yet to discuss a new contract with Rodgers, but it is believed to be on the club's agenda.
Rodgers has admirers at Manchester City, Arsenal and Tottenham, and could even be considered as a potential successor to Roy Hodgson if England fails to qualify for the World Cup.
Despite a run of three games without a win ahead of Sunday's trip to Sunderland, Liverpool has started the season well.
Rodgers and striker Daniel Sturridge won the Premier League Manager and Player of the month for August.
The 40-year-old Northern Irishman also impressed his bosses with his handling of the Luis Suarez saga.