Martin Skrtel is set to sign a new contract with Liverpool, reports the Liverpool Echo.
The 29-year-old was offered a new deal last month, however, he dubbed the terms "unacceptable" for someone who is a key member of Brendan Rodgers' squad.
Skrtel, who has just one year left on his current contract at Anfield, was offered a lifeline from Inter Milan, but Liverpool improved on their original offer and the Slovakia international was happy to remain at the Merseyside club.
The 29-year-old was signed by Rafa Benitez in January 2008 from Zenit St. Petersburg and has made almost 300 appearances for the Reds. In the past two seasons, he has been a regular in Rodgers' defence.
Skrtel joins Daniel Sturridge, Jordan Henderson, Jordan Ibe and Philippe Coutinho to commit his long-term future to Liverpool over the past year.
It will be something that has delighted Rodgers, who lacks senior players in his squad. The defender is currently the Reds' longest serving player by a fair distance and experience is certainly what is needed, especially with Steven Gerrard leaving the club.
Liverpool is very much in a transition stage and the side is flooded with youthful players who have yet to reach their full potential. There are some top-class young players in the side in the form of Coutinho, Ibe and Emre Can, but, they also need mentors to guide them along.
Henderson may well take over the captaincy from Gerrard and it would be surprising if Skrtel wasn't the former Sunderland man's deputy.
Liverpool's back-four over the past two season's have not been good enough and significant improvements are needed.
Skrtel for the most part has been his side's best defender and put in a number of bold performances, however, his team-mates have let him down by making basic and poor mistakes.
There has been rumours that Sami Hyypia, who spent ten years at the club during his playing career, could join the back-room staff as a defensive coach, something Rodgers had never employed before.
The Reds are also closing in on Southampton's Nathaniel Clyne, who has been very impressive over the past two year's and Charlton Athletic's youngster Joe Gomez is expected to complete a £3.5 million move this week.