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We have to wait until an agreement is reached, but I have every confidence in that." A compensation package of more than £10million is likely to be required to prise him from the Rotterdam club.

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Despite having been linked with the Tottenham Hotspur job last year before Ange Postecoglou took over, Slot was seen as something of an outside bet to be in the running to replace Klopp.

His CV so far is limited to the Dutch top tier, albeit with some considerable success.

Liverpool owners Fenway Sports Group (FSG) have placed an enormous amount of faith in Michael Edwards to lead on the managerial search, with FSG creating a new ‘CEO of Football’ role, one that also includes the acquisition of another football club, to coax Edwards back into the fold after he departed his previous role as sporting director with the club back in 2022.

Finding the right candidate to deliver success to Liverpool is vital, and it remains in FSG’s very best interests to keep the Reds competing for the biggest prizes in world club football from a financial standpoint.

That’s why they placed so much importance on ensuring that they had who they felt was the right person, who understood the strategy, to make the next hire.

From a financial perspective, that strategy is also significant.

That is largely due to the strategy that has been put in place being one where the club and manager were aligned.

Moving players on from other managers can be a challenge, and profit can be hard to come by when moving on players who are no longer required.

The recruitment strategy under a new manager, whether that is Slot or another candidate, will likely see the power remain largely in the hands of a number of people through committee, based on data analytics, as opposed to the kind of approach seen at Manchester United in recent years, where it was the manager who determined the recruitment.

Traditionally, it was always the manager who had ultimate control.

The sums in football and the financial risk involved in making mistakes mean that this has become less prevalent.

Finding a manager who they feel can guide what is there rather than try and make wider changes has probably led them to cross a few names off the list of potential candidates.

Whether it is Slot or another candidate, and whether or not they will be a success, is a total unknown.
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