Valencia chief Braulio Vazquez has tabled a final, new contract offer to Sofiane Feghouli.
With Liverpool waiting to pounce, Vazquez visited Feghouli at his home this week, says Super Deportes.
The winger's current deal expires in 2014 and Vazquez has tabled a new two-year contract extension worth €1.2 million-a-year.
If he decides to leave, Feghouli can expect at least double that figure should he move to Anfield.