Gerrard's new contract - Time for Liverpool to think short-term?

Liverpool have reportedly been working hard on a new contract for Steven Gerrard throughout the summer.

The Daily Mail claims Liverpool have been working on a new deal for captain Steven Gerrard throughout the summer as they look to tie down the midfielder for the rest of his career.

“He last renewed terms with his only professional club last July, before Liverpool embarked on their tour of South East Asia and Australia. That contract now has 11 months to run, but the club have been working on a deal through the summer,” writes Dominic King.

Gerrard’s future at Liverpool is a formality but the type of deal the club now offer him after he called a day on his international career will be interesting.

The man himself said he feels he’s got another three or four years in him at the highest level with the Reds and the club could offer him a contract to cover that period.

That would offer Gerrard the security he’s likely to seek in a new deal as well as creating a natural timeline for the captain to bow out of the game.

However, the club could opt for a one-year rolling deal which is common with old players; John Terry at Chelsea and Rio Ferdinand before he left Manchester United.

That provides a bit of flexibility on both sides because the club get to assess the way Gerrard is performing at the end of each season and the captain can call it a day whenever he feels the time is right at the end of a season.

Gerrard’s relationship with Liverpool is unique in the respect that even if he’s only on a one-year rolling day, he can feel confident it will get renewed as long as he’s contributing and making a difference.

It allows him the option to step out of the game if the Reds end a season with silverware and plenty of success.

That gives Gerrard the option of ending on a high rather than winning a trophy or trophies in a season at the club and then being faced with another one or two-years to go on a long term deal with the prospect of not playing at a similar level personally.

It’s a formality but the sort of deal Liverpool offer him will hint at the thinking on both sides.

A long term deal will be encouraging but a short term deal definitely has its merits.

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