But Honigstein thinks there is a strong chance he will join the Reds.
"I think it depends on what Liverpool want to do because Werner's been on the record saying he wants to go there and he is available because of a release clause which at the worst would cost about £55m," he said.
"I think they're a bit hesitant to pull the trigger because they haven't quite figured out how much of a financial problem the coronavirus will present itself to football, coming over the next month in the Premier League.
"I think he's waiting for things to fall into shape and it could be that the transfer window is much later than usual. This kind of deal would have been announced in April/May, this time it could be August or September, but I stil think there's a very strong chance he'll end up at Liverpool."