Liverpool are set to unveil Brendan Rodgers as their new manager after agreeing a compensation package for the Swansea boss and three of his backroom staff.

Rodgers met Liverpool owner John Henry for talks on Wednesday and agreed to take charge of the Merseyside outfit provided the Reds could match the STG5 million ($A8 million) compensation fee in his contract with Swansea.

After several hours of discussions with Swansea chairman Huw Jenkins, Liverpool sealed the deal and former Reading and Watford boss Rodgers is now certain to succeed Kenny Dalglish, who was sacked two weeks ago at the conclusion of a miserable Premier League campaign.

As part of the compensation talks, Jenkins has also agreed to let assistant manager Colin Pascoe, performance analyst Chris Davies and head of sports science and medicine Glen Driscoll join Rodgers.

The 39-year-old is expected to sign a three-year contract and will be presented at a press conference at Anfield on Friday.

A statement on the Swansea website on Thursday read: “We can confirm that a compensation package with Liverpool has been agreed for manager Brendan Rodgers and three members of his backroom staff.

“Both clubs have been in discussions to sort suitable compensation for Brendan along with assistant manager Colin Pascoe, performance analyst Chris Davies and head of sports science and medicine Glen Driscoll.

“The Swans have agreed to allow the backroom trio to join Brendan following discussions between himself and chairman Huw Jenkins.”