Liverpool will sit down with Andy Carroll and spell out their point blank refusal to be rushed into a panic deal on the final day of the transfer window.

Sitting target: Liverpool tell Carroll to go this week or get used to the bench

That means the striker must realistically decide his future by the end of this week or resign himself to at least four months on the fringes at Anfield.

The feeling persists the England striker is waiting on his hometown club Newcastle to re-sign him on deadline day at the end of the month.

The Magpies would hope to capitalise on Liverpool’s desperation to offload a player not wanted by boss Brendan Rodgers by securing a deal ­considerably below the Reds’ £20million valuation.

Sources at Anfield though insist that is not going to happen.

“We will only do what is best for Liverpool Football Club, and that means we need time to find replacements if any players go,” said the source.

Ideally, Rodgers wants to bring in one more forward before the deadline.

That number would rise to two if Carroll departs, which means he would like to know where he stands before the game with Manchester City at the weekend.

Rodgers would rather keep the big Geordie as a back-up than see the club lose more than £20m on him, and will cash in only if he can raise decent money to put towards a replacement.

That leaves the ball in the striker’s court, and he may have to look beyond the North East if he wants to play regular first-team football over the coming months.

Carroll has already snubbed West Ham, Aston Villa and Fulham, but Newcastle have so far shown a real reluctance to get close to the figures already on the table.

The Hammers proposed a loan where they pay all of Carroll’s £90,000-a-week wages, with a guaranteed £18m move at the end of it.

Newcastle want Liverpool to pay some of Carroll’s salary and accept an £11m fee.

That is ­unacceptable given the Reds spent £35m on signing him from the Toon in January last year.

Tottenham might also join the chase.

They are thought to be weighing up a move for Carroll if they can agree terms with Real Madrid for Luka Modric, which would give them extra spending power in the market.

Rodgers is also looking to tie up deals for several more of his fringe players, with Charlie Adam still a target for Stoke and Everton, and Joe Cole attracting interest from several clubs, though the midfielder will now be out for a month with a recurring hamstring problem that could scupper any move.

It is clear Rodgers intends to hold his nerve in transfer negotiations.

And Reds keeper Pepe Reina insisted fans must hold theirs too, after a 3-0 defeat on the opening day of the season at West Brom .

Liverpool were overrun after Daniel Agger was controversially sent off, but Reina said: “There is nothing to worry about.

“It was a bad game, as simple as that. We were full of confidence and had trust in ourselves because we were playing well.”

By David Maddock