Kenny Dalglish is reportedly set to follow up the signing of Aston Villa winger Stewart Downing with the addition of Steve Staunton to his coaching set up.
According to the Irish Independent, Staunton is on the verge of a agreeing a position with the Reds, with the former Republic of Ireland manager having most recently worked as a scout for Middlesbrough.
Staunton - who played 148 times for Liverpool during two spells with the club - was brought to Anfield by Dalglish as a player in 1986, before being sold to Villa five years later.
The former defender went on to play almost 300 times for the Villains - establishing himself as a firm favourite with the fans - with Staunton a key member of the 1994 League Cup winning side.
Staunton spent seven years at Villa Park before moving back to Anfield on a free transfer to link-up with the newly installed Liverpool management duo of Roy Evans and Gerard Houllier.
It was in 2000 that Staunton again swapped Liverpool for Birmingham - moving to Villa once again - before winding down his career with Coventry and, finally, Walsall.
The 42-year-old was handed his first job in management in 2006 when he was appointed Ireland boss, having played 102 times for his country over a 14 year period.
His reign was ended after only 17 games, before being named Darlington manager two years later, where he lost 19 times during just 25 matches in charge.
After a number of scouting positions, it would now appear Staunton is ready to return to coaching with Liverpool, and will join Steve Clarke and Kevin Keen as part of Dalglish's Anfield team.