Liverpool's Steven Gerrard celebrates his goal against FC Basel during their Champions League Group B soccer match at Anfield in Liverpool, northern England, December 9, 2014.[Photo/Agencies]

LIVERPOOL - Liverpool captain Steven Gerrard is set to announce he will leave the club at the end of the season when his contract expires.

British newspaper reports said the announcement from the 34-year-old midfielder, who has spent his entire career at Liverpool, would come on Friday.

There was no denial from Liverpool, and former teammate Jamie Carragher appeared to confirm the news.

"Sad day for LFC & English football with the Gerrard news," Carragher wrote on Twitter. "I think it's the right decision all things considered."

With his contract expiring at the end of the season, Gerrard has been free to talk to foreign clubs since New Year's Day.

Gerrard, who retired from England duty after the 2014 World Cup, said in October that he would not retire in 2015 and was open to playing away from Liverpool.

Gerrard scored two penalties in Thursday's 2-2 draw with Leicester, taking his goal tally to 180 in 695 appearances, but lost his guaranteed place in Brendan Rodgers' team this season.

Although Gerrard has won the Champions League, UEFA Cup, FA Cup and League Cup, his career is set to end without winning the Premier League with his boyhood club.