Riise had been mentioned as a possible victim of Rafael Benitez's clear out this Summer. However, the Norwegian says he will soon be signing a new contract.
"I know the manager would have called at once it if was true that he wanted to offload me. I have had full confidence at Liverpool for six years, and see no reason to stop playing for the club," said the defender.
"The plan is that we shall talk about a contract extension before the start of next season."