The 21-year-old, who joined the Reds from Bradford City in 2008, made 19 appearances for Brendan Rodgers men in 2012/13, but found first team football harder to come by last season. After just three appearances, Wisdom - who has represented England at Under 16, 17, 19 and 21 levels - was loaned out to Derby County.
Wisdom benefited massively from his spell with the Rams, playing 38 games for Steve McClaren's side before they were cruelly beaten in the Championship Play-Off final by Queens Park Rangers. Given that Derby were once again playing in the Championship, it was always going to be difficult for them to keep Wisdom for next season, and that's proven to be the case, with McClaren moving on by signing Coventry City youngster Cyrus Christie instead.
In order to further his development, Wisdom now needs to take the next step and spend the season on loan with a Premier League side. With Jon Flanagan emerging as the best young full back at Anfield, it would have been tough for Wisdom to break into the first team again this season, and another loan move is certainly the best thing for him.
According to the Sunday People, Wisdom is poised to sign a season-long loan deal with West Bromwich Albion. New manager Alan Irvine is familiar with Merseyside football having had such a long association with Everton, and given that he's already lost two right backs - Billy Jones (Sunderland) and Steven Reid (Burnley) - this summer, he certainly needing to bring one in to replace them.
Wisdom now has the chance to prove himself in the Premier League and show Rodgers that he has a long-term future at Anfield. If he and Flanagan can continue to develop and eventually reach their potential, then Liverpool will have two of the brightest English full backs in their squad - and given how the club have seen Raheem Sterling develop this past season, it wouldn't be a surprise to see Wisdom come back in a year's time and challenge for a first team spot.