Liverpool may regret not agreeing a new contract with Georginio Wijnadlum, according to Kevin Phillips.

The 2000 European Golden Shoe winner, speaking exclusively to Football Insider, recalled his own exit from West Brom when discussing the 30-year-old’s Anfield future.

Fabrizio Romano revealed in the Guardian today that the midfielder has asked for more time before deciding on his future.

He reports that the club have tabled the Netherlands international, who has just six months left on his deal, a fresh contract offer in the hope that he will sign before the transfer window opens on Friday.

Football Insider first revealed at the end of last month that Liverpool were preparing to make fresh attempts to tie Wijnaldum to a new contract.

Wijnaldum, who started the 1-1 draw with West Brom on Sunday, will be allowed to speak to foreign clubs regarding a pre-contract from 1 January.

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When asked by Football Insider for his assessment of the midfielder’s contract situation, Phillips said: “I had a similar situation at West Brom when I got into my 30s.

“I wanted two years because I was still fit and playing regularly but the club were only willing to offer me a year. Now, when I speak to the previous manager he wishes that he’d given me the two years.

“Wijnaldum has shown that he is still fit and he is an integral part of this Liverpool side. If he is asking for ridiculous money then that is an issue but if it is reasonable and affordable – why not?

“I know Thiago is coming back but competition in that midfield area would be so strong. He is a top-quality player so I would give him his desired contract length.”   

In other news, teenage sensation who’s the subject of interest from Liverpool and Leeds ‘is ready’ for a move to the Premier League.