The player has been linked with the Reds numerous times in the past, and it's a rumour that invariably appears in the sports pages at some time or another each season, only to prove false time and time again.
It's something that Lizarazu backs up, claiming that he's heard nothing from Liverpool as the reports suggest.
He said: "I do not know of any interest from Liverpool. My contract runs out at the end of the season, and the priority is to see if Bayern want to talk about another one."