The midfielder says his relationship with Roberto Mancini's side will be a long one.
The Reds have been linked with a move for the midfielder for some time, with several reports from sources such as the Independent suggesting both clubs were close to agreeing a big money fee for the Croatia star.
With Brendan Rodgers having now sold Raheem Sterling to Manchester City for a big fee, there was the chance that the move for Kovacic would be pushed forward, but now the player has rubbished the talk of a transfer, insisting he wants to stay at Inter.
“Stay here. I do not move,” he told La Gazzetta dello Sport when asked what he wants to do.
“It was what I was looking for: the renewal until 2019 says the relationship between me and Inter will be long.”
Kovacic signing not needed anyway
It is arguable that Liverpool didn’t need another central midfielder anyway, with them having a number of players in that position and also adding James Milner to that position this summer.
The former Manchester City man is thought to have moved to Anfield to take up a role in the middle having spent most of his time playing on the wing at the Etihad, and Kovacic’s potential arrival would have surely scuppered that.
With a move for the Inter Milan midfielder looking dead in the water, it will be interesting to see if they are linked with other midfielders instead, although a move for a new striker seems more likely at this point.