The Reds manager would prefer to keep the Frenchman at Anfield to maintain his options in the attacking department, despite interest from Bolton and Sunderland over the summer
The report claims that the Reds boss has rejected a £4 million bid from Bolton Wanderers on the basis that he is refusing to let the Frenchman go without having found a new striker to come in for him.
Ngog has been linked with a move away all summer with Sunderland having thought to be interested in the player as part of the deal that took Jordan Henderson to Anfield.
But any such move for the player seems reportedly less likely until Liverpool spend yet again in this transfer window on a new striker.
Dalglish would be loath to leave himself with only Luis Suarez, Andy Carroll and Dirk Kuyt in terms of striking options, especially as the club look to push for titles this season after a large summer expenditure.
Despite having only scored two goals in 25 Premier League appearances last season, Dalglish still sees Ngog as an important piece of his squad, and the Scotsman does not appear to be in any hurry to move him on.