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Arne Slot wants to take the Liverpool job and hopes an agreement can be reached with Feyenoord to allow him to succeed Jurgen Klopp at Anfield.
The 45-year-old Dutch coach has emerged as a leading candidate to take over from Klopp, who will leave the Reds at the end of the season.
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Speaking ahead of Feyenoord's match at Go Ahead Eagles on Thursday night, Slot told ESPN: "The only thing I can say about it is that the clubs are in negotiations - and then you sit in the waiting room and wait for what will come out.
As such, Liverpool can expect Feyenoord to take a tough stance in the negotiations, with Slot likely to want to take some of his backroom staff with him to the Premier League.
It has been reported that Liverpool will have to pay "considerably more than €10 million" if they are to land their man.
It has also been reported Slot ruled himself out of the running for the vacancy at Tottenham before Ange Postecoglou was appointed last summer.
It is understood Liverpool consider Slot to fit all the criteria set out in their recruitment process, although they are still looking at other contenders.
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