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The deal is understood to be worth about €830 million.
His previous two-year deal is understood to have been worth about £5m.
Although no deal is understood to be agreed yet, Le Guen is Murray's favoured option.
The deal is understood to be worth £25m a year to Liverpool.
ITV has the TV broadcast rights until 2010 and the new online deal is understood to be for one year initially.
The deal is understood to have been concluded earlier this year but that Mercedes have announced it just before the German Grand Prix is almost certainly no accident.
Similar(43)
E.ON's four-year deal was understood to be worth £32m, a level of income that English football's governing body will be keen to secure elsewhere.
The new carriage deals are understood to be for up to nine years.
Deals are understood to have been struck with public service broadcasters including the BBC, ITV and Channel 5 but not, unsurprisingly, BSkyB which offers directly competitive services such as Now TV, with its own budget set-top box.
Some of the deals are understood to depend on movement elsewhere in the transfer market.
The Financial Services Authority, which has had concerns about the deal and is understood to be calling for the Co-op board to be bolstered, also needs to approve it.
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CEO of Professional Science Editing for Scientists @ prosciediting.com