Nothing I've seen rumours on BBC suggests he's doing anything but staying put. However on the LFC page on ITV teletext there was briefly a comment suggesting that it might still go through.
He might be best advised to go, for no other reason than not wanting to be remembered as the player who was there for the money when it was obvious, maybe even he's been told, that he has no future there. Four appearances in 32 games should be a giveaway, I can understand someone not wanting to take a pay cut, but he's not exactly in the poor house and won't be if he moves, and he won't get a new contract or we wouldn't be letting him go for under a third of what we paid for him - not exactly like he's in his 30s and his value is dropping (for that reason)