Liverpool are ready to discuss new terms with fullback Alvaro Arbeloa.

Atletico Madrid are keen on the right-back who joined from Deportivo La Coruna for £2.6million in 2006.

Kop manager Rafa Benitez wants to keep hold of Arbeloa, 25, as well as Daniel Agger and Dirk Kuyt, who also have just one more season to run on their current contracts.