If I leave I won't go to Arsenal or Chelsea, Mascherano tells Reds

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The Reds are believed to be unwilling so far to meet the asking price of Media Sports Investment, the Kia Joorabchian-fronted group who own the economic rights to the player.

"My owners are talking with Liverpool," Mascherano told the News of the World. "I hope this situation will be finalised in the next month."

Contract negotiations: Javier Mascherano

There is a chance that if nothing is sorted Mascherano could commit to another club in January, with Spain the likely destination, but he ruled out the prospect of moving to another Premier League club.

"I hope the situation will be sorted in the next month," he said. "I only want to play for Liverpool. I'm really happy here.

"I don't want to move next summer. And if I can't play for Liverpool I won't play for another club in England.

"Not Chelsea. Not Arsenal. I will move to another country because it would be impossible to play against Liverpool."

The midfielder talked of his love for the club last month saying: "Of course I would love to stay and I will do everything I can to see that this happens. It depends on what everyone decides at the end of the season.

"I have just got to make sure everyone is happy with my performances and they want me to stay. From a personal point of view, I want to be here to play in the new stadium.

"We are already one of the greatest clubs in the world, but with the plans for the future we could become the world's greatest team."