The 29-year-old sportsman's current contract ends in 2023 and he has reportedly reached an impasse in talks with the club's owners, Fenway Sports Group, although th Egyptian King insisted he is keen to stay with the Premier League side.
He told Britain's GQ magazine: "I want to stay, but it’s not in my hands. It’s in their hands. They know what I want. I’m not asking for crazy stuff.
"The thing is when you ask for something, they show you they can give you something... because they appreciate what you did for the club. I’ve been here for my fifth year now.
"I know the club very well. I love the fans. The fans love me. But with the administration, they have [been] told the situation. It’s in their hands."
After scoring 23 goals in 26 games, Salah - who is currently with his national side playing in the Africa Cup of Nations - is in the running to win the Ballon d'Or at the end of 2022, and although he admitted the accolade is a great motivator, he won't be too upset if it the prestigious prize goes to someone else.
He said: "If you asked me if this was a drive for me to be here (being the best in world)? Yeah, of course. I can’t really lie and say honestly I didn’t think about it.
"No, I think about it. I want to be the best player in the world. But I will have a good life even if I don’t win [the Ballon d’Or]. My life is OK, everything is fine."