Roy Hodgson will be confirmed as the new Liverpool manager, the Liverpool Echo reported Tuesday.

The paper claims the 62-year-old is to be announced as Rafael Benitez’s replacement after the Reds agreed a $3 million (£2 million) compensation package with Fulham.

Negotiations had been going on between Liverpool’s managing director Christian Purslow and Fulham’s chief executive Alastair Mackintosh to release Hodgson.Read more: http://news.sky.com/skynews/Home/UK-News/Liverpool-Roy-Hodgson-Will-Be-Unveiled-As-The-New-Liverpool-Manager-Says-Liverpool-Echo/Article/201006415656935?lpos=UK_News_Carousel_Region_4&lid=ARTICLE_15656935_Liverpool%3A_Roy_Hodgson_Will_Be_Unveiled_As_The_New_Liverpool_Manager_Says_Liverpool_Echo

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