Looks dead in the water according to Guillem Balague's website.
http://www.guillembalague.com/rumores_desp.php?titulo=On+Maxi+Rodriguez+and+Liverpool%3A+UPDATED&id=254
"In the last few hours sources at Atletico Madrid have revealed that Maxi Rodriguez is on the verge of a move to another club and we believe that club to be Boca Juniors. The Argentine midfielder is eager to catch the eye of Diego Maradona, his national coach, ahead of this summer`s world cup and a return to his native Argentina now appears likely. The player was left out of the Atletico Madrid squad this evening and sources in Madrid suggest that a move to Anfield has now been ruled out."