Michael Edwards has returned to Liverpool under the role of CEO of Football at owners Fenway Sports Group where he will head up daily operations for the Premier League leaders, with his first task likely to be appointing sporting director Richard Hughes.
Edwards turned down multiple approaches to return to the club during his two years away, where he set up a football analytics firm, Ludonautics, of which he will officially leave on June 1.
FSG chief Mike Gordon spearheaded the drive to convince Edwards to return.
Liverpool and FSG now have their eye on acquiring a second football team and look set to dip their toes into the world of multi-club ownership.