Mane has been an instrumental figure on Merseyside since his arrival from Southampton in 2016, helping fire the club to the Champions League final and a fourth place Premier League finish alongside Mohamed Salah and Roberto Firmino last season.
The reigning European champions were said to have identified Mane as one of former manager Zinedine Zidane's top targets prior to his resignation.
"I am very happy in Liverpool and my contract will last for three more years", he told Salzburger Nachrichten. The whole club worked hard for this Champions League title, but Real Madrid were the better team that day.
Mane is preparing for the World Cup this week with his Senegal team-mates. The defeat is ticked off.
Mane said it was tough to put the heartbreaking final defeat behind him but he has now turned his focus to Senegal's tournament in Russian Federation. Now it is time to play with Senegal [and have] a good and successful World Cup. "To be honest, I am very happy to play this tournament together with my team", he added. "That's my whole focus". I also do not see myself as a superstar, but as part of a team that wants to achieve a lot in the World Cup'.