The word coming from FSG's camp is that Arne Slot's position as Liverpool's head coach is not immediately under threat.
However, the owners who watched as Liverpool dominantly conquered the Premier League last season are now staring down the barrel of a gun regarding the Dutchman's future at the helm, with nine losses from 12 matches in all competitions an inexplicable slide in form.
Liverpool's crisis of confidence has left their title defence in tatters, and Slot is now facing a fight to save his position at Anfield, with the upcoming run of league fixtures - West Ham United, Sunderland, Leeds United - over the next week sure to shape the narrative and whether this rut deepens.
FSG might feel that Liverpool's title-winning boss still has some credit in the bank, but that will change if things don't improve, and sporting director Richard Hughes has already compiled a list of potential replacements.
Hughes begins search for Slot successor
While Liverpool are not ready to pull the trigger, they would be remiss not to sound out a few options in the event that things continue to deteriorate on Merseyside.
Richard Hughes and Arne Slot
Earlier this week, Spanish sources suggested Jurgen Klopp is back in the mix as Hughes looks for solutions, but this would not be the right path to travel back down. The legendary German departed Liverpool in 2024 after admitting he was tired from so many taxing years at the top.
However, the Reds might choose to move for another manager who is established as one of the best in the business, with Paris Saint-Germain's Luis Enrique emerging as a contender.
luis-enrique-psg-ligue-1
Enrique, 55, was the man behind PSG's incredible quadruple-winning 2024/25 season, previously reaping riches with Barcelona, and reports - via The Mirror - believe Liverpool have made him their long-term priority in the event of Slot's dismissal.
The suggestion is that conversations have been held at boardroom level at Anfield, amid fears over whether Slot has lost the dressing room, hence why Enrique could be lined up as a potential successor.
Why Enrique could be perfect for Liverpool
Some critical observers would suggest that Liverpool started foundering after PSG knocked Slot out of the Champions League in the last 16. Certainly, the English side petered out as the season entered the business stretch.
An experienced and decorated manager, Enrique has been hailed as “the best manager in the world” by French journalist Julien Laurens for reaching unprecedented heights with PSG, creating a stable and multi-faceted attacking outfit that was practically invincible last season.
His fluid philosophy could be attracting Hughes' interest. Enrique employs a 4-3-3 formation, but he's experimental with his ideas, utilising full-back width and clever passing patterns in the build-up.
This could give rise to the qualities of Milos Kerkez, Jeremie Frimpong and Florian Wirtz, but Alexander Isak might benefit most from this potential managerial switch.
Liverpool-Isak
Enrique's teams score goals. Moreover, they do so with style. Ousmane Dembele would certainly attest to that.
The current crisis makes it easy to forget that Isak is one of the deadliest strikers of his generation, and Enrique's acumen would surely see a system wrought to accommodate the 26-year-old's qualities.
Isak looks a world away from that world-class striker who tore English football apart at St. James' Park, but, as with several other summer recruits, he has struggled to adapt in a dysfunctional team.
Liverpool are hardly a hothouse for player growth at the moment, but that is why Enrique could be such an interesting pick.
They are hardly carbon copies, but Isak and Dembele share a likeness, and, considering this, Enrique could reshape the Swedish striker into a free-scoring superstar.
Dembele vs Isak (past 12 months)
Stats (per 90)
Goals scored
Assists
Shots taken
Touches (att pen)
Shot-creating actions
Pass completion
Progressive passes
Progressive carries
Successful take-ons
Ball recoveries
Tackles + interceptions
Data via FBref
While it might look like Isak pales in comparison to the 2025 Ballon d'Or recipient, different factors need to be considered. Isak plays in an ostensibly tougher league and was considered to be "the best striker" in England last season, as was said by pundit Jamie Carragher.
If anything, this bears testament to Enrique's tactical prowess, and given the natural stylistic similarities, it could be the perfect move to finally unlock the latent qualities of Liverpool's star striker.
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