Fabio Borini
Borini has indicated he turned down a move to QPR in favour of remaining at Liverpool.Getty Images/Alex Livesey

Fabio Borini's failed departure from Liverpool has taken a new twist after the Italian said he made an "important decision" to pull the plug on a move to Queens Park Rangers on deadline day of the summer transfer window.

QPR manager Harry Redknapp and owner Tony Fernandes had suggested Borini and his representatives had turned down a late move to Loftus Road over wage demands.

But the 23 year old has attempted to save face by expressing his delight over remaining at Liverpool, indicating that he made the decision not to sign for The Hoops.

Borini – who has made just 10 starts for Liverpool in two-and-a-half years at the club –wrote on Twitter: "Finally the madness is finished! I protected the MAN and the player that I am today.

"Taking all the responsibility of the situation and for people who didn't want it... and I m VERY happy with myself to have taken such an important decision![sic]"

The Italian international spent last season on loan at Sunderland, scoring seven goals to help Gus Poyet's side avoid relegation, however the club were unable to lure Borini back to the Stadium of Light on a permanent basis.

After Mario Balotelli joined Liverpool last week as a belated replacement for Luis Suarez, Borini was expected to leave the club this week and on deadline day was heavily linked with a switch to newly promoted QPR.

But upon the deal falling through, Rangers accused Borini of pricing himself out of a move away from Merseyside following the agreement of a fee approaching £12m.

Manager Redknapp said: "Borini, we just couldn't do a deal with the player. We agreed a deal with Liverpool but we couldn't meet what the lad was looking for."

"I think player's expectations, agent expectations and sometimes people need to be realistic," owner Fernandes added. "We're not going to be silly about what we do."

Borini is expected to make up part of both Liverpool's Premier League and Champions League squads due to be confirmed in the coming days, but the level of his involvement behind Balotelli and Daniel Sturridge is still to be seen.