Roy Hodgson insists Javier Mascherano will see out the remaining two years of his contract if Liverpool's valuation of the player is not met.
The Argentina captain, 26, has made it clear to the Reds that he wants a move overseas in order to be reunited with his family, with his wife refusing to move to England.
He has been linked with Inter Milan - coached by former Reds boss Rafael Benitez - but Hodgson says the player is going nowhere unless the Merseysiders receive the correct amount for him or until his contract expires in 2012.
The Liverpool manager said: "We haven't had an offer for him. We want an offer that meets what we think is his value, and Javier is perfectly happy with this.
"He doesn't expect the club to just let him walk out of here. He hopes that a club comes in where he could be reunited with his family, which is the major problem for him, that offers us what he is worth and we accept that.
"But he has also made it clear that he doesn't regard it as a hardship to play for Liverpool Football Club. In fact, it's the reverse. It's because of family matters that he wants to go.
"He is resigned to one of two possibilities - either a club doesn't come along and offer us his valuation, in which case he stays, or we have an offer that meets his valuation, in which case he may go."
