Liverpool are set to miss out on a significant windfall on former player Luis Alberto.

When Alberto went back to Lazio in 2016, Reds chief Michael Edwards put in a clause that gives them 30% of the sell on fee.

The 27-year-old is in great form in Serie A and a summer move is possible.

He has 12 assists and four goals in 25 games.

But Italian reports are suggesting the player will be offered a mega deal by Lazio to stay put.

If he does not renew, the club want to sell him for £69 million, which would get Liverpool roughly £20 million.

But if he decides to stay at Lazio, the Reds would miss out on a significant injection of funds.

The player's agent Alvaro Torres recently spoke to Marca in Spain and said: "Last year [Alberto] was one of the best players in Serie A and this year he's the best.

"We're happy and speaking to him a lot and want to agree a [contract] renewal."