James Milner is willing to take a pay cut to re-join Leeds United – but is keen to stay at Liverpool for at least another year, Football Insider understands.
The versatile midfielder, 33, is in talks with the Champions League holders over an extension to his current deal, which expires next summer.
A Liverpool source has told Football Insider that the club are hopeful Milner will put pen to paper in the coming months negotiations on a new agreement that has a lower basic pay and which includes top-up bonuses for appearances and performances.
Jurgen Klopp wants the former England international to stay and the likelihood he will do so on reduced terms for another 12 months.
Beyond that, he is eyeing a swansong at Leeds, similar to how Wayne Rooney returned to Everton after his Manchester United spell ended.
Milner has made no secret of his desire to end his career at his boyhood club, and is keen to do so in the Premier League.
He remains an ardent follower of the Whites, where he made his debut aged 16 before he was sold two years later amid a fire sale of the club’s leading stars.
Milner is likely to accept a significant salary cut on his current £120,000-a-week salary if he stays on at Liverpool, and that would also be the case at Leeds, irrespective of them succeeding in their promotion bid.
He is no longer a first choice in Klopp’s side although he remains a key squad player and has made 10 appearances this season.
Milner has proved an excellent acquisition for Liverpool since signing on a free transfer in 2015, making 181 appearances in which he has scored 22 goals and provided 37 assists.
He turns 34 in January and he will remain at the club beyond his 35th birthday if he signs an extension.
In other Leeds United news, it can be REVEALED that the club are close to sealing a new deal after offer accepted.