Liverpool owner John W. Henry has denied speculation Kenny Dalglish is set to sign a new deal to stay on as manager.
Dalglish took charge of the Reds for the second time when he agreed to replace Roy Hodgson in January, with the deal running until the end of this season.
The 60-year-old Scot has overseen a swift rise up the Premier League table and, with the Merseyside giants currently sixth, reports began to suggest that a new two-year contract had been agreed by the two parties.
However, Henry has insisted that there is no agreement in place, but the American did hint that negotiations will begin in the coming months.
He told the Daily Telegraph: “The only discussion we've had has been with Kenny and that was solely concerning when we should begin discussions.
“I wouldn't anticipate any further comments until such discussions have commenced and we have something to announce.
“Any reports until then are purely speculation.”