The Italy attacker was a target for the likes of Inter Milan, Roma and Napoli over the summer after a difficult first year in England.
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However after months of rumours, Chiesa and his agent have informed Serie A clubs he plans to stay at Anfield this season.
The Mirror says the same message has been relayed to Liverpool chiefs after Chiesa struck in victory over Bournemouth on Friday night.
Reds goalkeeper Alisson said of his teammate last weekend: “For Federico today coming from the bench, he’s a special player for us who is there training every day.
“Everybody knows his situation was not that easy in the summer, but he kept working hard and today he gets the reward for scoring the winner for us.”