After guiding the Reds to another Wembley final on Wednesday night, the 56-year-old will continue to oversee the team’s remaining fixtures of 2023-24 before bringing the curtain down on a glorious eight-and-a-half-year managerial reign at Anfield, which has seen the club win six major trophies under his guidance to date.

Assistant managers Pepijn Lijnders and Peter Krawietz, as well as elite development coach Vitor Matos, will also vacate their positions at the end of the season, with Lijnders keen to pursue his own career in management.

Confirming his decision to Liverpoolfc.com, Klopp outlined the reasons behind it and the timing of today’s announcement, placing particular emphasis on the need for clarity at the earliest opportunity in order to create the conditions for an orderly transition to take place in due course.

He said: “I can understand that it’s a shock for a lot of people in this moment, when you hear it for the first time, but obviously I can explain it – or at least try to explain it.

“I love absolutely everything about this club, I love everything about the city, I love everything about our supporters, I love the team, I love the staff. I love everything. But that I still take this decision shows you that I am convinced it is the one I have to take.

“It is that I am, how can I say it, running out of energy. I have no problem now, obviously, I knew it already for longer that I will have to announce it at one point, but I am absolutely fine now. I know that I cannot do the job again and again and again and again.

“After the years we had together and after all the time we spent together and after all the things we went through together, the respect grew for you, the love grew for you and the least I owe you is the truth – and that is the truth.”

Klopp was appointed as Liverpool manager on October 8, 2015. It was a decision that would revolutionise the club and establish it as a force at home and abroad once more