The 44-year-old stepped down from his Anfield post in 2022 after 11 successful years on Merseyside, during which time he served as technical director and sporting director under Jurgen Klopp.
As sporting director, Edwards oversaw the arrivals of Mohamed Salah, Virgil van Dijk and Alisson Becker — three players who have gone on to achieve legendary status in Liverpool colours — among others such as Fabinho, Luis Diaz, Diogo Jota and Thiago Alcantara.
The Englishman, who also served as Liverpool's head of methodology and chief analyst, reportedly turned down the chance to return to the club at the end of January, while he has also rebuffed an approach from Chelsea to become their football CEO.
However, Edwards has now seemingly had a change of heart following another round of talks with the Reds, and according to Sky Sports News, the club are on the cusp of re-hiring him.
The former Tottenham Hotspur and Portsmouth analyst will not return to his former role of sporting director and instead will «lead the restructure» of Liverpool during a significant summer of change off the field.
Edwards's «prominent» position within Fenway Sports Group will reportedly see the 44-year-old take charge of football operations at Anfield, and his arm was twisted by a «compelling» pitch by John W Henry and Mike Gordon.
There are still a couple of details to be finalised, but Liverpool are optimistic that Edwards will be officially back at Anfield next week, despite significant interest from elsewhere.
Paris Saint-Germain and Real Madrid reportedly both enquired about Edwards's availability as a sporting director, but they were quickly
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