Liverpool chief executive Rick Parry has insisted the club has done everything they can to keep Steven Gerrard, but are resigned to him leaving Anfield.
Gerrard has said that he wants to leave the club he supported as a boy despite The Reds apparently quenching his thirst for major trophies by winning the UEFA Champions League.
The club captain has intimated that the club's failure to open negotiations on a fresh contract until he returned for pre-season training was the major factor behind his decision to leave.
Gerrard insists he was ready to sign a new deal after lifting the European Cup in Istanbul, but he still refused a new contract when it was offered to him.
A clearly dejected Parry emerged from Anfield on Tuesday saying that they were resigned to their inspirational skipper leaving the club.
"He's made it clear that he wants to go. We've done our best and I think it looks pretty final."
Parry was particularly upset that not even conquering Europe was enough to keep Gerrard at the club - but he insisted Gerrard was not motivated by money.
"I remember sitting with him last summer and understanding his frustrations, and they were deep, because obviously it came close.
"It was all to do with perceived lack of success and we told him to stick with it and lets see what we achieve, and we thought we achieved quite a lot.
"I don't think, to be fair to Stevie, that it's an issue of money, money wasn't a problem. It was about long term commitment and feeling that this was the place he wanted to be and the place he could win trophies and in the final analysis he feels he'll do better elsewhere.
"He wanted success and presumably felt he'd get more success elsewhere so now its our job to prove him wrong."
"Rafa is very calm and very measured in his thinking, so there's time."
Parry says the club have set no deadlines on Gerrard's sale, with Chelsea and Real Madrid the only two clubs likely to be in the running.
"We're calm, we haven't put deadlines on, it wasn't our decision at the end of the day.
"I don't imagine it would be just one club, but it's early days yet."
www.skysports.comNB: Minutes before gerrard's statement, chelsea had a 32 million pound offer for gerrard rejected by liverpool, who in turn had their new 100,000 pound a week 5 year contract offer rejected by gerrard.
It was also announced that christian vierri is now an Ac Milan player.
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