AS reports that Liverpool have told Madrid they are happy to let him go so long as relations between the player and club remain good, with the player needing to make clear his intentions. They would also want a small compensation figure of around £900,000 to cover the final month of his salary.
Alexander-Arnold must make his final commitment to Madrid by signing a deal with them, while he is still set to feature for Premier League champions Liverpool between now and the end of the season.