Liverpool plan to hire former Borussia Dortmund manager Jurgen Klopp by the end of the week, sources confirmed to ESPN FC.

Klopp, who left Borussia Dortmund in May to take a break from football, is the Reds' first choice to replace Brendan Rodgers, sources have said.

Multiple media reports on Monday night said Klopp is interested in leading Liverpool, with only compensation negotiations still to come, and sources confirmed to ESPN FC that the club expects the 48-year-old to sign a three-year contract as early as Friday.

The BBC reported that talks with Klopp's representatives are "progressing well," while the Daily Telegraph said remaining negotiations are a formality.

According to The Guardian, Fenway Sports Group president Mike Gordon is leading the negotiations for Liverpool and is "increasingly confident" Klopp will sign on quickly.

On Monday, German newspaper Bild tracked Klopp down at a coaching conference in Bayer Leverkusen's Bay Arena.

Approached by a reporter from the paper outside the ground, Klopp said there was "nothing to say" with regard to the Liverpool job before making his way to the parking lot.