It is being reported that Liverpool have decided against offering the 35-year-old Ivorian new terms despite his considerable role this season.
There has already been intense speculation as to which Liverpool players Jurgen Klopp will look to offload this summer and it seems as though one of the departing stars could be Kolo Toure, with multiple reports including one from the Daily Mail reporting that the defender will not be offered a new contract at Anfield.
Toure's current deal runs out at the end of next month, and he had been hoping to earn at least another year on Merseyside after playing a considerably role for the club this season.
The 35-year-old made 26 appearances in all competitions and turned from a figure of fun amongst supporters to a much-loved and respected figure in recent times with some impressive performances at such an advanced age.
Toure has played a genuinely important role for the Reds, and was one of few players to emerge from the Europa League final defeat to Sevilla with any credit as far as Liverpool fans were concerned.
However, reports such as that from the Daily Mail claim that the club's hierarchy and Klopp have decided against offering him another year next season, and the former Arsenal and Manchester City man will be released ahead of pre-season.
Part of the thinking behind this move will undoubtedly be his age and his likely hefty wages, but another factor is likely to be that Klopp has already signed Hamburg defender Joel Matip up for next season.
However, regardless of the rationale, the alleged decision from the club has left a lot of Liverpool fans mourning the departure of the cult hero.
Sad to see Kolo not getting a chance. Probably on big money though? Still would have been great to keep on as a player coach #LFC— Simon Cooper (@BadgerCooper) May 24, 2016
Looks like Kolo is leaving. Gutted. Been our best CB along with Sakho. Brings a wealth of experience too. Plus a few comedy moments— Rashid Mahmood (@RashidMahmood91) May 24, 2016
I think Liverpool should offer Kolo Touré another contract— Dillatron_95 (@Mordi_Dily) May 24, 2016
Sad news about Kolo Toure wish him all the best if he's leaving #LFC— Dave Whitehouse (@davewhitehouse8) May 24, 2016
need Kolo in some capacity at the club especially with the lack of experience coming in at CB. Look at his career https://t.co/JXJRqYtA51— Evan (@evanechols13) May 24, 2016
@Flanallana Yes he does he has stepped up when needed and been solid Toure deserves new contract— Janet Yoxall (@JanetYoxall) May 24, 2016
I can't believe we are not offering Kolo Toure a new deal. Especially with Skrtel going and Sakho impending ban— LFC Season Ticket (@LFC_19YearWait) May 24, 2016
Recruiting toure for another year would have been good. He would have helped the younger defenders out. https://t.co/LwK2QvWkhg— Sachet Bajracharya (@Sach_het) May 24, 2016
Its absurd Kolo Toure hasn't been given acontract extension #lfc he deserved at least ayear— Star Boy ✴☺ ** (@kibirango1) May 24, 2016