Liverpool are on the look-out for a new manager following the departure of Brendan Rodgers after the Merseyside derby on Sunday.
It seems increasingly likely that the next man in charge of the Anfield club will either be Jurgen Klopp or Carlo Ancelotti.
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According to reporter Vinny O'Connor, talks between the club and manager are progressing well.
He told Sky Sports News HQ: "Liverpool aren't there yet. It's a case of 'negotiations ongoing' at the moment. Those talks are progressing well, but there is still some way to go."
Having been out of management since leaving Dortmund over the summer, Liverpool would offer Klopp the perfect route back into management.
His passion on the touchline would mirror the feelings of supporters and it could prove to be a match made in heaven.
What he did during his seven years at Dortmund was nothing short of a miracle, but he did have the likes of Mario Gotze and Marco Reus coming through the ranks.
Merseyside would be an exciting proposition for Klopp and he has often expressed his desire to work in the Premier League, so it seems a case of when rather than if.
Of course, he is not the only man linked with the role. Ancelotti is also out of work since leaving Real Madrid and Ajax boss Frank de Boer has also been touted as a possible option.
With Liverpool's season teetering on the edge, the choice of their next manager will not be an easy one for John W. Henry and co. to make, but there are some top-class candidates available.
Who do you think should be the next Liverpool manager? Have your say in the comments section below!