Aquilani spent time on loan at AC Milan last season, but his contract with Liverpool expires in the summer of 2014.

Reports have suggested that the 27-year-old could decide to terminate his contract with Liverpool in order to make his move to AC Milan permanent.

"Almost certainly he will not terminate his contract with Liverpool," Aquilani's agent Franco Zavaglia said to Sportitalia.

"He could join them (Liverpool) at the beginning of July to start pre-season training with the English club.

"At this time there are no clubs interested in him."