The 27-year-old midfielder looks set to return to Anfield after AC Milan decided against signing the Italy international on a permanent basis at the end of the season
The Italy international spent last season on loan at AC Milan but the Serie A outfit have decided against taking up their option to sign the midfielder on a permanent basis, with club CEO Adriano Galliani admitting that he will sit down with the Reds in June to try to thrash out a compromise agreement.
With Liverpool now on the verge of officially confirming Rodgers as their new boss, the next step as far as Aquilani is concerned is establishing whether he has a future at Anfield.
"It's necessary to understand if there are the foundations for an agreement that satisfies everyone," the former Roma man told La Gazzetta dello Sport.
"I'm waiting for Liverpool to decide on the identity of their new coach and reorganise themselves. Then we will have to meet in order to figure out their plans.
"The only thing I can do is make the right decision. For me, it is important to have the opportunity to make a contribution, to play well and regularly."
Aquilani joined Liverpool from Roma in 2009 but his debut season in English football was blighted by injury problems and he was loaned to Juventus the following year.