Ings was out of contract and under the age of 23 at the time, meaning that Burnley were entitled to compensation for the player, which is likely to be set by tribunal.
Burnley manager Sean Dyche is quoted by the Daily Mirror, saying: “It’s not helpful. Like any business, ideally, you get funds in and then you look and say ‘what can we put out’. That is a grey area for us with no knowledge of where it will end up.
“We are certainly hoping it’s by the end of the season, to bring closure for everyone, for all parties.”
It would certainly be helpful for both sides to come to a resolution as swiftly as possible.
Ings is currently recovering from ACL injury that he picked up in October, meaning that he has yet to play under manager Jurgen Klopp - but impressed during the early stages of the season as he managed to score three goals in all competitions, including a header in the Merseyside derby.
The sooner the deal is concluded, Burnley can get on with spending whatever money they need to help them either survive next season in the Premier League, or another tilt at returning to the top flight, while Jurgen Klopp will have more of an idea about his transfer budget at Anfield.