Manager Rafael Benitez's future is on the line but one bright spot is fellow Spaniard Reina's willingness to sign a new deal.
And Reina has also made it clear he believes the club can overcome their current plight.
He said: "The title race is not even close to being over. We have to go game by game.
"Now we must focus on Lyon, which is massive, and after that Birmingham is a must-win game next Monday in the league."
Talks on a new deal are expected to open soon and Reina added: "My aim is to get a new contract in the future and I want to be here for many years. Apparently the club wants the same.
"It's already my fifth season here and that says it all, really. One of my daughters is a Scouser.
"I have some friends here and my wife and kids are happy. I have every reason to stay longer and of course I will."
Reina is clearly behind Benitez as Liverpool strive to turn around an increasingly desperate season.
He said: "Titles are what we are all here for. As a Liverpool player you have to have these ambitions.
"Trophies are the most important thing and the most important one is probably the Premier League.
"Rafa is building something special here. He proved that when he came here; the club was one thing and now it's something totally different.
"We have grown up and we can still grow up a little bit more."