Borini, 23, became Brendan Rodgers' first signing as Liverpool manager back in 2012 after the pair had worked together at both Chelsea and Swansea, but the Italian failed to live up to his £11m price tag, scoring just twice in 20 games for the Anfield club.
After Rodgers landed Daniel Sturridge and Iago Aspas, it became clear that Borini would find first team opportunities even more difficult to come by, and he was loaned out to Premier League rivals Sunderland on deadline day in September in order to play regularly.
Borini went on to enjoy an impressive season for the Black Cats, hitting 10 goals in all competitions and turning in promising displays in the process. Now back at Liverpool, the former Roma man will be hoping to break into the Reds team again - despite the arrival of Rickie Lambert this week. Agent Marco De Marchi says that the signing of the Southampton striker shouldn't push Borini out of the club, and that his client is looking forward to showing what he can do.
"Does Lambert's arrival close the door on Fabio Borini? No, I don't think so," De Marchi said. "We have received no communications in that regard. In this last season, Fabio gave a considerable contribution towards keeping Sunderland up. He was praised by everyone, especially by the Liverpool manager [Brendan] Rodgers.
"So, after his holidays he will go back to Liverpool to prepare for the new season wearing the shirt of this historic club. He wants to compete with everyone and be an extra resource for the coach and the team. Borini could be of use to any team, but no-one has contacted us and his desire is to show what he's got at Liverpool," he added.
If Liverpool choose to sell Spanish flop Aspas, then there may be a role as the fourth choice striker at Liverpool for Borini, as Luis Suarez, Sturridge and Lambert will occupy be the first three options for Rodgers. Whether Borini will settle for that after impressing with Sunderland remains to be seen.