Pellegrini set to be unveiled?

The following story has been reproduced from today's media. It does not necessarily represent the position of Liverpool Football Club:

Liverpool have reportedly agreed a deal to appoint Manuel Pellegrini as their next manager.

Reports in Chile now claim that the former Real Madrid coach signed a deal with the Reds yesterday morning following negotiations.

Pellegrini was dismissed from his role in the Spanish capital after failing to prise the La Liga title away from Barcelona last season despite his side amassing 96 points and netting over 100 goals.

His imminent appointment is expected to be welcomed by Pepe Reina, who worked under him during his time at Villarreal.

The Spain stopper believes Liverpool can expect a "really tough" season ahead if Steven Gerrard and Fernando Torres leave the club following Rafael Benitez's departure and the continuing reluctance of the Anfield board to relinquish significant transfer funds.

He said: "Of course there is concern about Fernando and Stevie. Not just them, but others, too.

"Any team would count on Stevie and Fernando as big names and, for us, it's the same.

"Without them, it would be really tough to be up there at the top next season."

This story has been reproduced from today's media. It does not necessarily represent the position of Liverpool Football Club.