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ROY HODGSON will be officially named Liverpool FC’s new manager later today (Wednesday).

The 62-year-old is due on Merseyside to complete the formalities of signing a contract after the Reds agreed a compensation package in the region of £2million with Fulham for his release.

Cordial negotiations have been ongoing in the past 72 hours between Liverpool’s Managing Director Christian Purslow and Fulham Chief Executive Alastair Mackintosh and they have now reached a successful conclusion.

From: Liverpool Echo.
Also Same story in "The Guardian"

Roy Hodgson will be named Liverpool manager today after agreeing a two-year deal to replace Rafa Benitez.

Anfield bosses have ended a month-long search for Benitez's successor after assessing a short-list that also included Manuel Pellegrini and Didier Deschamps.
Roy Hodgson

Hodgson's experience and recent track record at Fulham gave him a decisive edge, and he will begin his Anfield reign with immediate effect on a two-year deal worth around £3million a year. Fulham will receive around £2.5m in compensation.

The 62-year old will bring assistant-manager and goalkeeping coach Mike Kelly with him to Anfield and will waste no time trying to persuade Steven Gerrard and Fernando Torres to stay put.

Gerrard is a leading target for the Spanish club along with Chelsea left back Ashley Cole. Real director general Jorge intend to bring in two more players, following the arrival of Argentina winger Angel di Maria from Benfica in a £20million deal.

Alan Curbishley has been installed as the clear favourite to replace Hodgson as manager of Fulham. The former Charlton and West Ham boss is on a short list at Craven Cottage which also includes Sven Goran Eriksson and Mark Hughes.

Former England manager Eriksson, who is a free agent after standing down as Ivory Coast coach, is aware of Fulham's interest and would be tempted by a return to the Premier League. Hughes has rejected the chance of a lucrative contract with Dubai team Al Ahli.

Read more: http://www.dailymail.co.uk/sport/footbal...l#ixzz0sIp0q9g2

Sorry but I just dont get what exacty has Woy Hodgson done to qualify him as an LFC manager? This is absolute rubbish. Boy have LFC scrapped the barrel. What is more likely is that LFC cant find any decent manager willing to accept the job working for our custodians under these circumstances, Knowing they are about to sell off our biggest assets in order to pay off debts.

Rafa should never have been sacked. He deserved another season to sort it out.

Rich

BTW I think the only way to get rid of the cancer out of our club to stop going to matches. Yes it wont be easy but it would be effective we need to hurt them where it hurts them most(there wallets). RBS and other lenders will only take note when this happens.

check hodgsons record at fulham its something like a 1 in 3 win ratio which i consider not good enough

Everyone has there own opinions, but its when "Fans" like you two dont realise how [oops] the club is and complain when we get a manager who actually got silverware last season with a team that challenges in the Premiership for a top half finish...

And Taveman, The reason he only has a 1 in 3 Win ratio with fulham is because ITS FULHAM... NOT CHELSEA, NOT BARCELONA... Fulham actually done incredibly well last season under Roy Hodgeson... And if your not ready to get behind him and support him then hang your head in shame and stay at home, because i for one, will be attending every game i can this season...

He wont lose 20games because we'll be playing half the amount of games i'd say after we get knocked out of europa

Another fan that has no faith in Roy im guessing?

if he gets us to play a more attacking style of football than rafa then i will back him

i know but the thig is, our fans demand a hell of a lot more than fulham fans do im jjust hope roy doesnt crack under the pressure and cock it up like rafa did so badly