Moreno’s contract with the Reds expires in July, and he is expected to end a five-year spell on Merseyside after losing his first-team place to Andy Robertson.
He had previously been in talks over an extension, but his representatives are no longer in dialogue with the club as they consider the Spaniard’s options.
Those could include a host of high-profile sides, with the Mirror‘s David Maddock claiming interest from both England and Spain.
One of those is Arsenal, enjoying a resurgence under new manager Unai Emery, who worked with Moreno during their time together at Sevilla.
Current first choice Nacho Monreal turns 33 in February, while Emery has “lost faith” in Sead Kolasinac as his backup, providing Moreno with an interest opportunity.
It could be a bargain signing for the Gunners, who themselves face a big-name Bosman departure next year with Aaron Ramsey due to leave—with Liverpool rumoured to be interested.
Elsewhere, Maddock suggests both Real Madrid and Barcelona are weighing up approaches for the Spain international, although it is highly likely he would be in a similar position there to at Anfield.
Interestingly, Jurgen Klopp took the next step into integrating Moreno’s possible replacement on Thursday, as Adam Lewis was pictured in first-team training again.
The 18-year-old joined the senior squad at Melwood during the international break, but both he and U18s striker Paul Glatzel were retained as Klopp’s key names returned.
“They get to have some time away from me, so maybe that’s why they are so excited!
“They are really pleased. It’s great when you tell them, you get a big smile, they are made up and very excited.
“It’s a great experience playing alongside some of the first-team players and in front of the eyes of the first-team staff.
“These are opportunities that they want. The boys are getting a little bit older now, that’s why they are here. The international break has given them a chance.
“Typical teenagers though, you don’t get a lot out of them when you ask them how it went!
“‘Yeah, it was sound’—it’s like getting a blood out of a stone at times.”
Lewis himself has already spoken more confidently about taking his chances under Klopp—and with Moreno running down his contract, it could come sooner rather than later.