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Liverpool and Feyenoord have reached an agreement in principle over a compensation package for Arne Slot to become Jurgen Klopp's successor.
The compensation package is £7.7m, plus £1.7m in add-ons.
Slot, who led the Dutch club to only their second Eredivisie title this century last season, featured on Liverpool's list of candidates from the start of a long, rigorous process and topped it when they finished due diligence on all the key criteria.
Xabi Alonso, the outstanding candidate for every top club seeking a new manager this summer, ruled himself out of contention by remaining at Bayer Leverkusen.
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