Kolo Toure is considering his future despite being offered a one-year contract extension by Liverpool.
Toure is out of contract in the summer but the Merseyside club have opened talks with his representatives over a new deal.
The Ivorian's wealth of experience at elite clubs is seen as a valuable asset by the club's hierarchy and manager Brendan Rodgers is looking to tie him down to help the young players coming through at Anfield.
However at the age of 33 Toure knows that time is against him and must make the decision whether to remain at Liverpool as a cover player or seek pastures new.
Toure told the Liverpool Echo: “My agent is talking to the club so we will see in a few days.
“The club have to think and I have to think as well."
“It is a decision (whether to stay as a squad player or move for regular football) and that is why I need to think very hard and then take a decision and stick with it.
“It is very important to know what you are facing. Whether you are going to be playing or not. I need to do the right thing for me and my family.”
Kolo, brother of Manchester City's Yaya Toure, joined Liverpool on a free transfer from the Citizens in July 2013. He spent four years at the Manchester club after joining from Arsenal in the summer of 2009.
The Gunners is where Toure really made a name for himself however, making 225 appearances for the north London side. He won the Premier League in 2004 and two FA Cups under Arsene Wenger.
Toure replaced Martin Skrtel in the early part of Liverpool's goalless draw against Blackburn at Anfield on Sunday. The defender had a goal disallowed for offside and hit the post with a glaring opportunity and he admitted after the game that it had been a frustrating day.
“It was a tough game,” he said.
“They are a good team who played really well together and made us work really hard. They defended for their lives, and sometimes you need a little bit of luck to score and make the difference."
The replay is scheduled to take place on 7/8 April at Ewood Park, with the winners facing Aston Villa at Wembley in the semi-final. And Toure believes the Reds are more than capable of booking their passage to the national stadium.
Does Kolo Toure have a future as a Liverpool player?