"I think in every club throughout the world there are players playing in the team who would prefer to leave. Some are allowed to, some are not allowed to. Mascherano is a Liverpool player with two years on his contract.
"I expect him to be a Liverpool player until the day the club chooses to accept an offer for him."
Mascherano's return to training at Melwood this week followed an extended break granted to him and Liverpool's other World Cup stars.
During that break, Hodgson failed with several attempts to contact the midfielder by phone, the 62-year-old able only to leave messages for Mascherano telling him he was looking forward to meeting him back on Merseyside as his calls went unreturned.
Mascherano, who has two years to run on a four-year contract, has made 138 appearances for Liverpool since arriving from West Ham United in 2007.
He had been close to agreeing terms on an extended Liverpool deal as recently as March, but Benitez's departure for Serie A appears to have put paid to that - and the pair could yet be reunited in Italy if reports are to be believed.
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