The 26-year-old has two years left on his current deal but the Anfield club are keen to sign him on a new four-year contract, and new owners Tom Hicks and George Gillett are willing to sanction a £120,000 weekly wage for the England midfielder.
He said: "Talks are progressing and I am ready to sign a new contract any time now. It´s just around the corner. I am not sure when it will be done but I am ready to sign. As soon as the contract is put in front of me, I will sign it."
© Copyright PA Sport Ltd 2007, All Rights Reserved.