The 29-year-old striker has been impressive in recent weeks with four goals in his last four top flight outings, but the Frenchman has now entered the final 18 months of his contract at the Emirates.
Despite playing a key role for the Reds since moving to Anfield in 2017, the Egyptian recently refused to rule out a move to either Madrid or Barcelona.
He still has two-and-a-half years left to run on his contract, though, and manager Jurgen Klopp has insisted that he remains relaxed over his future despite the ongoing rumours.
Manchester City reportedly remain undeterred in their efforts to sign Barcelona superstar Lionel Messi.
City were heavily linked with a move to sign the Argentine over the summer and remain the No. 1 favourites to secure his services if he leaves the Catalan giants at the end of the current season, but according to The Sun, the Premier League giants are aiming to bring him to the Etihad at the turn of the year.
Manchester United have reportedly placed emphasis on signing Uros Racic after the Valencia ace was handed his La Liga debut last weekend.
The 22-year-old midfielder has been touted as the next Nemanja Matic in terms of his style of play.
According to The Sun, Racic’s name is already well known at Old Trafford, having been tracked by the Red Devils for some time.