The Greek defender has played just 41 games in three seasons.
The report claimed that Liverpool would be able to snap up the talented defender for free.
Schalke have just signed Matija Nastasic from Manchester City, which leaves Papadopoulos in an uphill battle for first-team football when he returns from a loan spell with Bayer Leverkusen.
However, he is not returning from that loan spell, he has in fact made it permanent. It was confirmed today via the Bayer Leverkusen official Twitter account that the Greek international would not be on his way to Liverpool, but had instead signed a deal until 2020 at the BayArena.
Bayer 04 baut auch in den kommenden Jahren auf Kyriakos Papadopoulos. Der Grieche unterschrieb einen bis zum 30.6.2020 datierten Vertrag.— Bayer 04 Leverkusen (@bayer04fussball) June 7, 2015
Express.de report that the fee for the player ended up being just €6.5 million, a bargain considering the fact he is just 23-years old.
But in truth, Liverpool have probably done well to avoid him.
For all his talents he is immensely injury prone.
Papadopoulos first picked up a serious knee injury in 2012, tearing the anterior cruciate ligament in his right knee.
Since that injury, and over the course of three seasons, the Greek lad has managed just 41 appearances across all competitions, just over a full Premier League season of games in three years.
Not exactly Mr Reliable.