The questions that may surround Steven Gerrard's contract situation

With Steven Gerrard's contract talks, there are concerns and fears - some which don't necessarily directly concern him, but have arisen because of his new deal.

Liverpool captain Steven Gerrard has been offered a new contract at the club, manager Brendan Rodgers confirmed - but even when it comes to such a figure like Gerrard, offering a 34-year-old a new contract will inevitably throw up questions.

It seems to have been a dragged out affair thus far. As far back as the summer, it seems Liverpool were prepared to offer Gerrard an extension to his contract, but then there were quotes attributed to Gerrard saying that if the Reds weren't to offer him a new deal then he may have to look elsewhere.

The Liverpool captain's form has been under the microscope for much of the season as it appears the defensive midfield position he was moved into last season, in part to supposedly prolong his career, has now ended.

There are a couple of things that need addressing. With the club's owners, Fenway Sports Group, a big advocate of trying to keep wages under control, are Gerrard's terms going to be matched with this extension? Rodgers suggested that money will not be an issue when it comes to the 34-year-old signing a new deal at Anfield, but there have been reports that if Gerrard isn't going to receive the same salary, then he will want a two-year deal.

It now looks as though Gerrard will no longer be amongst the first names on the Liverpool team sheet for every game and for that reason, one would expect that to be reflected in the Liverpool captain's wages.

Furthermore, if there is more room on the wage bill for Liverpool to bring in other players, what kind of players are Liverpool going to opt for?

Thus far the transfer policy seems to be a case of opting for younger players who could have good resale value. On the whole that probably isn't a bad transfer policy to have, it certainly makes good business sense, and some of the signings that have arrived at Liverpool during the summer who probably haven't set the world alight just yet - one name that comes to mind is Lazar Markovic - they could develop into quality players.

But some fans have become frustrated when it comes to constantly building for the future, and seen the likes of Chelsea spend their money on quality as they try to make the leap from third to favourites for the Premier League title because they spent big money on proven quality. 

By offering Gerrard reduced terms, there will want to be some kind of reinvestment from the supporters, and this ties in with questions about the transfer policy which has been scrutinised after over £100 million was spent during the summer on a series of players.

Finally, the last question really just focuses on Gerrard himself - is this going to be the last deal we'll see him sign for Liverpool? Inevitably there will be a clause in his deal allowing him to be a club ambassador after retiring from the game, but in terms of his playing time it is completely down to how much he is going to be used. If he is managed effectively in terms of his game time, he could be playing for Liverpool for another four years or so.

The Reds have several central midfield options at their disposal, and whilst a couple of them are developing to an extent, they all have a role when it comes to managing Gerrard's game time effectively. If they're playing well then there is no need for him to be overworked, especially in periods of fixture congestion.

Gerrard's role is changing within the Liverpool side, but it will be interesting to see if any details emerge from his new deal, should he accept it, that reflect his role.

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