The Chilean enjoyed a superb debut campaign last year, winning Serie A without losing a match.
“I’ve not thought about moving,” he told fifa.com. “I repeat – I am very happy here and if I had to spend my entire careers here, I’d do so gladly.
“Things went well for me in Germany [with Bayer Leverkusen], but now I am playing for one of the world’s most historic clubs.
“We have just won the title unbeaten and I am fulfilling both my own expectations, and those of the people who brought me here.”
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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.