In a video posted to their social media platforms, Liverpool have confirmed that the legendary manager will be moving on once the current season finishes.

The Reds have also confirmed that assistant managers Pepjin Lijnders and Peter Krawietz as well as elite development coach Vitor Matos will move on at the end of the season.

"I will leave the club at the end of the season," Klopp said.

"I understand it's a shock to people, but I can explain it.

"I absolutely love everything about this club, everything about our supporters, I love the team.

"I'm running out of energy, I can't do the job again, and again, and again. After all the years we've had together, all the time we spent together, after all the things we went through together... the least I owe is the truth.

"And that's (running out of energy) the truth."

The German joined Liverpool in October 2015 and has won the Champions League, Premier League, Club World Cup, FA Cup, League Cup and Super Cup, as well as the Community Shield during his time in charge.

"In keeping with Jurgen's expressed wishes, we will save the comprehensive tributes for a more appropriate time but nevertheless, we would be remiss if we did not take this opportunity to reaffirm that his appointment remains one of the greatest blessings of our time as owners," Mike Gordon, Fenway Sports Group president, said.

"The incredible achievements of the intervening years speak for themselves, so too does the joy that Jurgen and his team have brought to all of us supporters. His many accomplishments will never be taken for granted."

Klopp's Liverpool are currently first in the Premier League, while they have also reached the final of the EFL Cup and are still in both the FA Cup and the Europa League.

His side have lost just three times so far this season and will be looking to end his tenure on a high.