The manager's current deal expires in the summer of 2015 but, with the Reds on the brink of a first league title in 24 years, an extension is expected.
Brendan Rodgers says he is "sure" he will sign a new contract with Liverpool.
The Northern Irishman has led his side to within touching distance of a first league title in 24 years, sitting five points clear at the top with three matches left to play.
Rodgers signed a three-year deal in June 2012, but – having seen his team secure qualification for next season's Champions League at the very least – he is expected to earn a new contract.
"There is nothing really until the end of the season, but there is no doubt that at some point we will agree another deal," the 41-year-old said. "I am sure of that."
While several clubs are expected to be interested in Rodgers, the former Swansea manager insists he still has a lot to achieve at Liverpool.
"Pride would be a good word to describe the overall evolution of the club and how it is been growing on and off the field - but it is also the job," he added. "This is a giant of a club in the football world and to be able to build it up again and see how the supporters, and also the general public are enjoying Liverpool, is great.
"I knew it was a huge club and that is why I came, and because of the history and the great past, but it is not until you live it every day of your life you actually realize how big."