Paul Stewart is puzzled as to why Liverpool are struggling to tie Jordan Henderson down to a new deal.

The England midfielder has been on the Reds' books since joining from Sunderland in a deal worth a reported £20million a decade ago.

He has gone on to captain the Merseyside club to their first ever Premier League title and also held the Champions League, Super Cup, Club World Cup and League Cup trophies aloft during his time at Anfield.

The 31-year-old has entered the final two years of his £140,000-per-week deal and his long-term future at the club now appears to be in doubt.

Liverpool have opened discussions with a host of players this summer but contract talks with Henderson have stalled.

It has resulted in the likes of Paris Saint-Germain and Atletico Madrid monitoring the situation, with them ready to open negotiations if Henderson fails to agree terms.

Former Liverpool man Stewart feels Henderson, who is currently training with La Liga club RCD Mallorca ahead of returning for the latter stages of pre-season at Liverpool, may have failed to have penned a new deal for a number of reasons.

He exclusively told Football FanCast: "It doesn't seem right to me and I think there's something underlying that we don't know, which is why he is stalling on a contract.

"That could be for a few reasons. They may have offered him less money because of his age. He might want to go to China, where he could triple his wages. He might not be first choice in midfield, but only time will tell why he's stalling on his contract."