Spaniard had been expected to depart Merseyside for the Continent.
Liverpool have received a huge boost with the news that goalkeeper Jose Manuel Reina will be staying at Anfield this summer after all, reports the Daily Express.
The Spain international has been with the Reds for the past eight seasons now, having arrived on Merseyside from Liga outfit Villarreal in July 2005 for just £6 million.
And in the intervening eight-year period the 30-year-old has proved himself to be one of the most consistent shot stoppers in the Premier League, featuring in 395 matches in all competitions for the Merseyside giants, including 285 contests in the top flight.
However, with Liga champions FC Barcelona on the look-out for a new No 1 to replace the departing Victor Valdes and the man who brought Reina to England, Rafa Benitez, also said to be needing a new keeper at Napoli, rumours had been rife of late linking Reina with both those clubs.
The player’s agent, though, has since come out to insist that Reina is going nowhere, with Manuel Garcia Quilon telling tuttomercatoweb.com,: “Reina has been clear in recent days his thoughts, his future is still at Liverpool.
“At the moment there are no chances for Napoli and Barcelona.
“Pepe considers Benitez a great coach but his future will still be at Anfield.”