Liverpool chief executive Rick Parry is to hold contract talks with midfielder Steven Gerrard when the 25-year-old's agent returns from a holiday next week.
The Reds captain has two years left on his current deal and Parry says there is no "higher priority" at Anfield than securing him on a long-term basis.
"The priority is to keep Steven and build a winning team around him," Parry told BBC Radio Five Live.
"As long as he wants to stay, we want to keep him."
Gerrard helped Liverpool win the Champions League trophy in May but there has been speculation about his future with him being linked to Chelsea and Real Madrid.
The player is unlikely to figure in Liverpool's upcoming Champions League first round, first leg qualifying round match on 12/13 July unless a deal is agreed as his appearance may decrease the transfer fee should he move on.
But Parry said: "There's a common aim to get things sorted, we want him to stay and hope Steven wants to stay.
"All being well it will be sorted quickly, there is certainly no panic.
"The issue for Steven was he wanted to win trophies with us and wanted to be successful. But the key was he wanted to be successful with us.
"There's a will on both sides but we're not going to negotiate in public, it will happen when it happens in our timescale.
"It is another hugely important task. There is no higher priority for us than to secure Steven's future."
Gerrard recently said he would be holding talks at the end of June and beginning of July.
"The ball is in Liverpool's court now. I'm ready to talk and am waiting for them to give me the nod," the England international said recently.
There has been plenty of speculation surrounding Gerrard but he has insisted he would like to stay at Anfield.
"Of course, yes, I've still got two years left. We haven't spoken about a new contract yet and I don't know how long those talks will go on for," he said.
"But the sooner they start the better because I want my future sorted before the start of the season."
He added: "The European Cup has gone now. We've got to be just as hungry. We won the big one but it is important we forget about that and move on and try to do better in the Premiership."