The Finnish international has insisted publically that he is willing to fight for his place at Anfield, but has admitted privately that he is frustrated with the lack of first team opportunities reported the number one Reds website Koptalk this morning.
Talks have allegedly already taken place between the two parties, although a deal seems unlikely before the end of the season.
Liverpool would be willing to offload him, to ease their wage bill.
It has also been alleged that Litmanen was involved in a training ground bust-up which has hampered his chances.