Liverpool are set to lose 4 players on a free transfer next year

#3 James Milner

Liverpool FC v Southampton FC - Premier League

Despite being 32, midfielder James Milner has grown to be a fan favorite with consistent and impressive performances for the Reds in the last season.

Milner played a pivotal role as Jurgen Klopp's side reached the Champions League finals last season and continued his exploits this campaign as well.

The midfielder's contract at the club is set to expire next year and Liverpool are yet to pen down a new deal for their vice-captain, despite rumors that a one-year extension had been discussed early in the year.

Speaking of the midfielder's longevity, manager Jurgen Klopp said, "With Milly for sure, age is no issue. He is a naturally skilled boy, he’s such a sports guy, he is good at each sport he tries."

"In life, if you are 32 in any company in the world they would tell you to wait a few years then get a real job! In football it’s like you’re already close to retirement."

Klopp added, "Our players can play until 36, 37 even 38, and because of his physical abilities I am pretty sure Milly is one of them, if he is lucky with injuries. The end is not to see, and his desire to improve is exceptional."

#4 Lazar Markovic

Tranmere Rovers v Liverpool - Pre Season Friendly

The 24-year-old midfielder has had a conflicting time at Liverpool since joining the club from Benfica.

Markovic has been on loan at different clubs - Fenerbahce, Sporting Lisbon, Hull City and Anderlecht - in his stint at Liverpool and looked set to make a permanent move to Belgium in the summer transfer window.

However, the deal never materialized and the midfielder is now set to leave the club for free as his contract expires next year.

Given that Markovic has been demoted to training with the under-23s, it looks unlikely that Liverpool will offer him a contract extension.