Liverpool are open to allowing Elliott to depart, but they would prefer a loan agreement rather than a permanent sale. This would enable the club to retain control over the young player's development.

According to reports, Galatasaray are aware of Liverpool's stance and are actively pursuing a deal for Elliott. The Turkish club believes that Elliott has the potential to make a significant impact in the near future.

Liverpool's decision to consider a loan arrangement suggests that they value Elliott's potential and are willing to invest in his growth. They believe that a season-long loan will help Elliott refine his skills and prepare him for a return to the first team.