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Liverpool FC today confirmed that Rafael Benitez is to leave the club by mutual consent.
Mr Benitez relinquishes his position as team manager after six years and the Board of Directors would like to place on record their grateful thanks for his services and wish him all the best in his future career.
The Board has now asked Managing Director Christian Purslow, with the assistance of Club Ambassador Kenny Dalglish, to begin a formal search to identify and assess potential candidates for the managerial position.
No timescale has been placed on the process and Liverpool FC will make no further statement until a new manager is appointed.
KOPTALK can exclusively reveal that Roy Hodgson has been appointed as the new manager of Liverpool Football Club.
The Fulham manager was always the bookies favourite to land the job despite the Reds having considered several alternatives including former Real Madrid coach Manuel Pellegrini.
Liverpool legend Kenny Dalglish wanted the job but was turned down flat by the current Anfield board. One of Hodgson's first jobs will be to try and persuade his friend to remain at the club.