The English Premier League side have been looking for a new boss since Brendan Rodgers was sacked on Sunday. The former Borussia Dortmund coach had been the hot favourite from the start.
Liverpool did not confirm the reports but called a press conference for “a major club announcement” on Friday morning when Klopp, 48, was expected to be presented.
Sky television said Klopp, 48, had agreed to become manager. The Daily Mail newspaper said Klopp would sign a three year deal under which he would earn more than four million pounds ($6.1 million) a year.
Several of Rodgers’ backroom staff — including Gary McAllister and Sean O’Driscoll — left Liverpool on Thursday in anticipation of the new manager arriving.
Klopp led Borussia to two Bundesliga titles in seven years before leaving in May saying he wanted a sabbatical.
Rodgers became manager in 2012 and guided the Reds to second place in the Premier League in 2013-14.
He was sacked by the American owners, FenwaySports Group, on Sunday after a 1-1 draw against Everton. Liverpool have won only four of their 11 games in all competitions this season. – Agence France-Presse