The agent of Liverpool's Andy Carroll says there is "no truth" in newspaper reports linking the striker with a return to Newcastle United.
Mark Curtis told BBC Sport: "[Andy Carroll] is happy at Liverpool."
The Sun newspaper reported Newcastle would be willing to buy back the England striker for £10m - £25m less than he cost Liverpool 12 months ago.
Carroll has scored six goals in 31 games in all competitions for Liverpool.
Liverpool manager Kenny Dalglish has consistently backed Carroll to rediscover the scoring form he showed at Newcastle, where he netted 33 goals in 91 appearances.
And following his side's 1-0 victory over Manchester City in the Carling Cup semi-final, he said the reports had "absolutely no foundation whatsoever".
The 23-year-old moved to Anfield at the end of the January transfer window in 2011, as a replacement for Fernando Torres who moved to Chelsea for £50m.
The striker has scored twice in 11 starts in the Premier League in the 2011-12 season, against Everton on 1 October and against West Bromwich Albion on 29 October.
He has also scored one goal in the Carling Cup, against Exeter City, and one against Oldham Athletic in the FA Cup third round tie.