Rafa Benitez is expected to put pen to paper on a new contract at Liverpool which will keep him at the club until 2013, reportedly earning him Â£16million.
Benitez and his advisors have recently been in talks with the club over an extension to his current deal which expires in the summer of 2010.
It is now thought most of the fine details are done and the Spaniard is looking forward to a long future on Merseyside.
Earlier this week he denied reports that a demand in pay has stalled talks. He said, “I am surprised that I have seen that I was demanding more money. That is not true,” said Benitez.
“I told my agent when he went into the talks to not talk about money, the question was about the length of the contract, and after that it was my role. The last question was about the money.
“As a club we always want to win. And that is the aim now.”
The new deal is expected to be confirmed by Saturday’s Premier League clash at home to Hull City.