Fulham boss Roy Hodgson wants guarantees over transfer spending money before committing to the Liverpool job.
The Mirror says Hodgson will be appointed Liverpool boss this week once he has finalised a guaranteed transfer kitty.
Liverpool are prepared to meet Fulham's compensation demands to name Hodgson, 62, as Rafa Benitez's successor.
But the former Inter Milan and Switzerland manager wants a pledge of transfer funds before accepting the post.
Hodgson knows Liverpool's squad badly needs rebuilding after a desperately disappointing campaign.
