Liverpool are in talks with Feyenoord in their bid to appoint Arne Slot as their new manager.

Slot, 45, has emerged as a leading candidate to succeed Jurgen Klopp at the end of the season and the Dutchman is ready to fulfil his dream move to a top Premier League club.

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But Feyenoord do not want to lose their manager and will demand significant compensation for the man who guided the Dutch club to their first title in six years last season.

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Feyenoord currently sit second in the Eredivisie table and won the Dutch Cup at the weekend, while Slot extended his contract with the Dutch club last summer until 2026.

Michael Edwards, who recently returned to the fold as the chief executive of football for Liverpool's owners Fenway Sports Group, having previously been the club’s sporting director, and incoming sporting director Richard Hughes have been tasked with the unenviable task of finding Klopp’s replacement.

Slot has turned down previous offers to work in the Premier League

Despite Slot’s desire to manage in the Premier League, Liverpool could face competition from Bayern Munich and Barcelona as they look to replace departing coaches Thomas Tuchel and Xavi respectively.