The England Under-21 international has long been linked with a move to the Premier League, with recent reports claiming Derby County had accepted a 12 million pound offer for the youngster from the Reds. However, when asked whether Liverpool had a deal in place to sign Hughes in January, Rodgers told reporters that "nothing could be further from the truth."
"I feel for this young guy. He's a very talented young player," Rodgers said. “People aren't doing him any favors linking him with a move to Liverpool all the time. There's been no bid or deal agreed. He's at the best place he could be."
The 18-year-old, who has hit four goals in 18 appearances for Derby this season, is viewed as one of the most exciting talents in England to play outside of the top flight.
Although it now seems unlikely that Liverpool will make an offer for Hughes in January, reports suggest the club may come back with a bid in the summer.