Slot swiftly became a prominent candidate to succeed Jurgen Klopp as manager, who is set to depart at the season’s conclusion.
It is understood by talkSPORT that Feyenoord is asking for approximately £8.6 million for Slot, and his contract lacks a release clause.
Klopp made his intention to resign public in January, prompting Liverpool to explore potential successors.
Negotiations have been initiated by Liverpool with the Eredivisie team, and Slot appears eager to make the move.
Since his arrival at Feyenoord in 2021, the 45-year-old has secured two trophies.
He guided the team to victory in the Eredivisie last season and achieved their 14th KNVB Cup triumph.
Slot enjoys a high regard as a manager in Europe and was even the preferred choice for Tottenham last summer.
He chose to reject Spurs in favor of remaining in the Netherlands, subsequently signing a new contract. Tottenham ultimately appointed Ange Postecoglou.
On Monday, talkSPORT disclosed that Ruben Amorim of Sporting is not considered a strong contender for the managerial role at Anfield following Klopp’s departure this summer.