Brendan Rodgers is to stay as Liverpool manager following a meeting with the club’s co-owner Tom Werner.
Werner met the 42-year-old Reds boss in the city on Tuesday as part of his end-of-season review.
Liverpool finished sixth in the Premier League last season and missed out on a place in the Champions League.
But Northern Irishman Rodgers and Werner agreed on a “comprehensive plan” aimed at ensuring performances improve next season.
Rodgers was appointed as Liverpool manager on 1 June, 2012, but admitted after the 6-1 defeat at Stoke on the final day of the season that his future was in doubt.