The England international has now entered the final 18 months of his existing contract with Jurgen Klopp's team, who are widely expected to initiate talks over a new deal in the near future.
Alexander-Arnold was promoted to vice-captain behind Virgil van Dijk last summer following the departures of Jordan Henderson and James Milner, and he has already hit double figures in assists during the 2023-24 campaign.
Alongside setting up 10 goals in 29 matches for Liverpool this term, Alexander-Arnold has found the back of the net twice himself, although he is currently on the sidelines with his second knee injury of the year and has not played since February 10.
The 25-year-old was therefore unavailable for the EFL Cup final win over Chelsea or England's upcoming friendlies with Brazil and Belgium, but there is optimism that he will be back in action at the start of April.
Reports last month claimed that Liverpool had scheduled a round of contract talks with the right-back, and the club are confident of reaching an agreement with his camp, in spite of Klopp's impending exit.
However, the Reds are still running the risk of losing their academy star for nothing in 2025 as things stand, and should talks with his representatives break down, the hierarchy may be forced to consider a sale this summer.
According to transfer expert Fabrizio Romano, Real Madrid have been alerted to Alexander-Arnold's uncertain contract situation and are now monitoring developments, and Liverpool are yet to begin talks over extending his contract.
The Merseyside giants are supposedly giving no consideration to
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