Borini became a firm fan favourite in a red and white shirt last term and made a great impact during his stay, netting a series of crucial Premier League strikes to lift Gus Poyet’s side miraculously clear of relegation.
However, rumours emerged on Saturday afternoon that, while and arrangement between the clubs had been struck, the striker had rejected the move in favour of staying at Anfield.
Borini started and played more than 60 minutes in the Reds’ 2-1 victory over Preston in a pre-season friendly on Saturday, and it was suggested he is keen on staying in Merseyside to break through into Brendan Rodgers’ first team.
But, talkSPORT’s transfer guru Warren Haughton told the Transfer Tavern that, as far as Sunderland are concerned, the £14million fee has been set and talks are still ongoing with the Italian and his representatives.