Liverpool will unveil Roy Hodgson as their new manager on Wednesday having agreed a £2 million compensation package with Premier League rivals Fulham for his services.
Hodgson will replace Rafael Benitez, now at Inter, who left Anfield on June 3 following a disappointing season and continuous clashes with the Liverpool hierarchy.
Discussions have been ongoing since early June and while it was reported Hodgson would wait for the outcome of talks between England manager Fabio Capello and the FA before making any concrete decision, it seems the delay was simply a case of financial negotiations between Fulham and the Reds.
Hodgson's first task will be to resolve the futures of key players such as Steven Gerrard, Fernando Torres and Yossi Benayoun, all of whom have been linked with moves away from the club.
Hodgson is not new to high level management, having himself managing at Inter, while he also been in charge of Switzerland and Finland on the international scene, as well as winning league championships in Sweden and Denmark with Malmo and Copenhagen respectively.
Although the draw has yet to be made, Liverpool begin their season in late July in the third qualifying phase of the Europa League.