How much will Liverpool pay Feyenoord in compensation for Arne Slot? Steep fee for Jurgen Klopp's replacement revealed

With Klopp set to depart at the end of the season after eight years at Liverpool several candidates for the job have been floated, but Slot has emerged as the frontrunner with the deal on the verge of completion. Now The Times has reported that the Reds will pay his current club a compensation fee of €9 million plus €2m in add-ons (£9.4m/$11.8m), which would make him the third most-expensive manager in the history of the Premier League.

Earlier this week, it was revealed that the move was edging closer and a substantial compensation fee was to be confirmed, with some reports suggesting that that sum would be significantly more than the €11m package agreed upon.

Slot's Feyenoord team have been an impressive outfit in recent seasons; as well as winning the 2022-23 Eredivisie title, he also guided the club to the Europa Conference League final in his first season and won the KNVB Cup a week ago.

PSV are on the brink of securing the 2023-24 Eredivisie title, but Slot's Feyenoord — their closest rivals by some distance — will need to keep the pressure on until the very end. Before turning his attention to the upcoming challenge at Anfield, the Dutch boss has three final league fixtures to navigate.