The Uruguay winger has been linked with a £10 million January move to Anfield, which already has countrymen Luis Suarez and Sebastian Coates on their books.
"Ramirez to Liverpool? We'll see. Certainly there is nothing because no one has called. However it may be true that the British market could attract a player like that.
"The talk is premature, but it is a possibility," Setti told TMW.