And the Kop boss could get the elbow as soon as next month if Liverpool crash out of the Champions League.
A close friend of Benitez told the News of the World: "There was no talk of a new contract when Rafa met with the owners last month.
"There is also the problem of Javier Mascherano. He will not sign because he does not know whether the manager is going to be there this season, let alone next.
"Rafa wants to stay but now he believes he will be sacked because the owners have not shown they will back him."
Benitez's current deal has another two years to run but the Spaniard already appears to be making plans to leave.