Fenway Sports Group (FSG) has officially run out of patience, and Arne Slot is no longer Liverpool's manager, according to transfer market expert Fabrizio Romano.
The announcement follows a highly turbulent 2025/26 season, sealing the fate of the Dutch coach who, within twelve months, experienced both triumph and turmoil at Anfield. After stunning the football world by winning the Premier League in his debut season — seemingly mastering the daunting task of succeeding Jürgen Klopp — Slot couldn't survive one of the club's worst title defenses in recent history.
The board's decision, though painful given his achievements the previous year, became unavoidable amidst deteriorating performances, internal dressing room conflicts, and a slump that saw the Reds finish a modest fifth, outside the top four.
The recently concluded campaign was marked by an inexplicable loss of identity. The suffocating, dynamic, and lethal football that secured the trophy in 2025 gave way to a predictable and defensively exposed team. Beyond on-field struggles, Slot faced significant internal turbulence, from managing Mohamed Salah's impending departure to public discontent from key squad members like Dominik Szoboszlai, who was even deployed as a right-back.
Recognizing that the project needed an immediate fresh start to lead the club's reconstruction this summer, the John W. Henry-led board opted for dismissal and swiftly moved into the market, where they have already identified their top target: Andoni Iraola.
The 43-year-old Spanish coach is at the top of Anfield's preferences and is the absolute favorite to take over. Iraola has just concluded a historic chapter with Bournemouth, a club he guided unprecedentedly and emphatically to European qualification spots, leaving with a reputation as one of British football's most progressive, audacious, and exciting managers.
His playing style — characterized by suffocating high-press, vertical transitions, and highly organized tactical aggression — is seen by the Liverpool board as the perfect fit to revive the 'rock n' roll football' that faded during Slot's final months.
Despite attracting strong interest from other European giants, with AC Milan and Bayer Leverkusen vying for his signature, Iraola's desire plays in the Reds' favor. The Basque coach prioritized staying in England should an elite Premier League project emerge. With the path to Anfield now formally clear, negotiations are expected to accelerate in the coming days to seal the deal. Liverpool aims to secure the manager as soon as possible to begin planning for the new season, hoping that the man who worked wonders on England's south coast will be the ideal compass to guide the club back to the pinnacle of English football.