The Croat only took charge of the club in 2010, and they face a Europa League qualifier against Bordeaux this week.
“This is my decision. I cannot do this”, Prosinecki told reporters.
“I cannot lead the team because of the pressures of all this. I feel bad towards the players as they will meet Bordeaux and I know they need time to get a good result.”
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.