Liverpool look set to officially unveil Brendan Rodgers as their new manager within 24 hours, according to BBC Sport.

The Swansea boss has reportedly already signed a three-year deal at Anfield to replace Kenny Dalglish, with Liverpool agreeing to pay the Welsh club between £4 million and £5 million in compensation.

Rodgers had earlier rejected an offer to speak to Liverpool's hierarchy about the job in the initial stages when various managers were being interviewed about the job. Wigan's Roberto Martinez for a long time appeared to be favorite for the role and even met with Liverpool's owners in the U.S. in the past weeks.

But Liverpool have instead opted to go with Rodgers, who led Swansea to an 11th place finish in their first season in the Premier League after promotion from the Championship.

The Northern Irishman had been in charge at Swansea for two years following a disappointing spell in charge of Reading. It was at Chelsea where the 39-year-old first came to prominence after being selected by then manager Jose Mourinho to become youth team coach at Stamford Bridge in 2004. Rodgers would rise through the ranks to become reserve team manager before making his first steps into first-team management with Watford in 2008.

Rodgers will be expected to improve on the eight place finish achieved by Liverpool last season that led to the dismissal of Anfield legend Dalglish.

It remains to be seen, however, whether the club will also name a replacement for axed director of football Damien Comolli. Speculation has suggested that renowned Dutch coach Louis Van Gaal may be offered the role.