Liverpool are interested in signing Bayer Leverkusen winger Julian Brandt
Brandt is under contract until 2019 and his current deal contains a €12.5million (£10.7m) release clause that activates in 2018.
It is claimed Liverpool are interested in signing the Germany international, along with Manchester City, AC Milan and Juventus.
Jurgen Klopp is a big fan of Brandt
But Leverkusen want to keep hold of their prized asset and they plan to see off his suitors by handing him a new deal with an increased release clause.
However, Pearce claims Liverpool are hoping Brandt does not sign a contract extension with the Bundesliga side.
Asked if he expects Liverpool to make a move for Brandt in the summer, Pearce said: "Yes, I do.
Liverpool are hoping Brandt doesn't extend his contract at Bayer Leverkusen
"Klopp is a big fan and would have bought him in this window if Leverkusen had been willing to sell.
"Liverpool will be hoping that unlike (Christian) Pulisic, Brandt doesn’t pen a new deal."
Brandt revealed earlier this month that he hopes to sort out his Leverkusen future at the end of the season – claiming that negotiations over a new deal are 'annoying'.
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"We're constantly in good talks," he said.
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"If it were up to me, the summer would be the right time [to renew].
"I don't want to deal with this forever.
"It gets annoying and performances will suffer because of it."
Brandt has made 23 appearances in the Bundesliga and Champions League this term, scoring three goals and providing six assists.