Liverpool's pursuit of Feyenoord boss Arne Slot proves there is "a dearth" of elite coaches currently on the market, according to former Reds defender Jamie Carragher.

On Wednesday, widespread reports claimed Liverpool have entered talks with Feyenoord, who will reportedly demand at least €10million (£8.5m) in compensation to part with Slot.

Slot joined Feyenoord in July 2021 after leaving AZ Alkmaar, leading the Eredivisie giants to the Europa Conference League final – which they lost to Roma – in his first campaign at the helm.

The club's second league title in 20 years followed in 2022-23, and though Feyenoord are set to relinquish their crown to PSV this term, they beat NEC Nijmegen to lift the KNVB Cup on Sunday.

Xabi Alonso was thought to be Liverpool's primary target to replace outgoing boss Jurgen Klopp, but the former midfielder – who was also interesting Bayern Munich – has announced his intention to stay with Bayer Leverkusen.

Sporting CP's Ruben Amorim was also linked with the post, but it is thought he is no longer a leading candidate.

Speaking in his role as a Sky Sports pundit ahead of Wednesday's Merseyside derby between Liverpool and Everton, Carragher warned the job will be a major step up for Slot if he is appointed.

"What I would say is I think going from Feyenoord to Liverpool is a huge jump, and I think it shows at this moment that there's probably a dearth of real top managers out there," he said.

"Initially it was Xabi Alonso, it's only his first full season as a manager. Then there was talk of Ruben Amorim from Sporting, again he's only 39. Now Arne Slot looks like he's the favourite.

"I don't think it's like Rafael Benitez coming in, or Jurgen Klopp. Benitez came in off the back of two LaLiga titles and a UEFA Cup, Klopp had won a couple of league titles with Borussia Dortmund.

"Liverpool were in a different space back then, certainly the team I was part of with Benitez… we were a team looking to qualify for the top four. It was the same when Klopp came in.

"Liverpool are in a different area now, fancying themselves to challenge for the Premier League every season, and in next season's Champions League they'd expect to reach the quarter-finals at least.

"I think it's a huge jump but he's obviously a great coach with a great track record with the clubs he's been at so far. We'll see."