Chirivella has spent the past five years on the books at Anfield and was included in Jurgen Klopp’s squad for this summer’s pre-season tour.
Shortly after the Spaniard featured against Manchester United over the weekend it was revealed a fee had been agreed for him to join Rosenborg.
Chirivella was subsequently allowed to skip Liverpool’s training camp in Evian, France to allow him to travel to Norway for a medical.
However, the latest reports indicate the 21-year-old has decided not to leave Merseyside for Trondheim ahead of next season.
According to the Liverpool Echo, Chirivella has come to the conclusion heading to Rosenborg is not the right move for him.
That decision came following talks with club officials over deal which would have netted Liverpool £3.5m.
Chirivella is said to be leaving his options with regards to completing a switch before the transfer window closes.
He has set his sights on either staying in England or returning to his native Spain, where he began his career with Valencia.
Chirivella’s interest in leaving Liverpool, where he’s under contract until 2020, is being driven by a desire to play first-team football.
The midfielder has made just five senior appearances for the Reds since making his debut under Brendan Rodgers in 2015.
Jurgen Klopp admitted this week that it is tough for youngsters attempting to breakthrough in the modern game.
“I’m excited, of course,” said Klopp, when asked about Liverpool’s Under-18s and Under-23s sides. “But it’s getting more and more difficult for young boys at a club like Liverpool, to be honest.
“On one side we are buying players for 50 or 60 million, and on the other we are getting players for free from the youth team. But they need time and opportunity to play.
“They play in the U-23s, which is fine, but then they don’t like it that much. They train the whole week with the first team and then they go to play with the U-23s and the dressing room is as big as this table and there are no supporters! It’s not the same.
“You need to find a moment, but Trent came through without going on loan. That will not be possible for all of them, but we will see. If you have these kind of players, and you can get one through every two or three years, it’s massive. Massive!”