Michael Edwards has agreed a deal with FSG to head up the organisation's football operations and help shape the future of Liverpool.
It comes three years after he announced a shock departure from Anfield with an emotional open letter to the club's supporters.
Edwards handed over the sporting director role to Julian Ward after calling time on his 10-year spell at Anfield and is expected to appoint Richard Hughes in the role after successful negotiations in Boston with John Henry and Mike Gordon to return.
Who is Richard Hughes? Well connected close associate of Edwards to join LFC
Michael Edwards agrees FSG deal with Liverpool new sporting director to follow
Ward left the club after one season and was replaced by Jorg Schmadtke, who then departed at the end of January. Edwards will also oversee the appointment of Jurgen Klopp's successor.
Read his 2021 open letter in full here:
Edwards said: "Ten years, that’s a pretty long time in anyone’s working life. In football terms, it is an era in itself, particularly at a club like Liverpool where the expectations and standards are never anything other than as high as the supporters deserve.
"To be part of this club during this period has been a privilege due to the people I have been fortunate enough to work with and the success we have enjoyed.
"But all good things must come to an end and, in my case, I recently completed my final summer window as Liverpool sporting director. Even writing those words seems a bit surreal, but at the end of this season I will pack up my laptop and leave my office at the AXA Training Centre for the last time.
"Before I do so, though, I wanted to take this opportunity to explain the reasons why I’m moving on because I’m a great believer that
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