The goalkeeper spent last season on loan at Serie A side Napoli but his representative has now confirmed that his client will not return to the Italian outfit
The Spain international spent the 2013-14 campaign on loan at the San Paolo and revealed during the World Cup that he was unsure what the future would hold.
A permanent switch away from Anfield looked the most likely outcome for Reina ahead of the new season, but the 31-year-old's representative, Manuel Garcia Quilon, has stated that the former Villarreal man plans to stay at Liverpool.
"I am aware of the rumours circulating about the future of Reina," he told Tutto Napoli. "But I confirm to you that Pepe will play for Liverpool next season.
"Yes [there will be no return to Napoli]. Reina will respect his contract with the English club."
Reina was allowed to leave by Liverpool boss Brendan Rodgers after the Northern Irishman signed Simon Mignolet from Sunderland.