Brendan Rodgers will remain in charge at Liverpool next season after a positive meeting with the club's owners Fenway Sports Group.
The Reds endured a difficult 2014/15 campaign in which Rodgers missed the owners' primary target of Champions League qualification.
But the Northern Irishman met chairman Tom Werner and Mike Gordon, president of FSG and their key man at Anfield, in the city on Tuesday and Press Association Sport understands he will be given the chance to make amends.
Sources at the club always maintained the meeting, which is an annual review which has been undertaken by FSG, was not to discuss the manager's job but that did not stop speculation about his immediate future - especially after the 6-1 final-day humiliation at Stoke.
However, after lengthy discussions about what went wrong in the last 12 months, all the parties involved have agreed "a comprehensive plan for improvement" as they look to ensure there is no repeat of the failure which saw the side crash out of the Champions League in the group stages and finish sixth in the Premier League.
The debrief was a "productive meeting to review the season" at which there was agreement by all concerned that everyone wanted to make improvements.
It had been claimed in the last week Rodgers wanted changes made to FSG's way of running transfers by a committee but the suggestion is there was an harmonious accord struck between all parties.
As a result "the group will move forward together".
That does not mean Rodgers enters next season with a clean slate as, after spending £110million on new players last summer yet going backwards, he will still have to show he is the man to deliver FSG's targets, the main one being the same as the last campaign in regards to a top-four finish.
Rodgers will not have anywhere near the same amount of money to spend as that splurge was bankrolled largely by the £75million sale of Luis Suarez to Barcelona so the club are having to be more canny in their recruitment.
As a result Manchester City midfielder James Milner and Burnley striker Danny Ings, both free agents at the end of this month, are likely to be first through the door at Anfield.
Discussions with Milner, available on a free transfer, are at a more advanced stage and could be completed by the end of the week but the situation with Ings is slightly more complicated as his age, 22, means Burnley are entitled to compensation.
Unless Liverpool can strike a deal with the Clarets then the value of the England Under-21 international will be decided by a tribunal.
It was widely expected to be within the £4million to £6million bracket but late interest from Tottenham, with a reported £12million bid, may yet inflate that price.