The 43-year-old Iraola arrived in Liverpool on a private jet and is reportedly set to sign a two-year deal to succeed the sacked Slot, with the Reds looking to play a more aggressive brand of football.
Iraola is expected to be officially unveiled as Slot's successor within days; Liverpool still plan five summer signings, with finding a Salah replacement their top priority.
Ornstein confirms Liverpool have reached a verbal agreement with Iraola, with the incoming head coach set to bring four assistants and a formal unveiling possible this week.
After Liverpool dismissed Slot, reports suggest he is poised to take charge at Milan and push for a move for Konaté; Alisson has also been linked with a departure.
Liverpool have officially confirmed Slot's departure after finishing fifth in the Premier League, a result that has sparked controversy. Gerrard says he saw it coming, while Bournemouth boss Iraola is the leading candidate for the Anfield hot seat.
Konaté's Liverpool contract extension collapsed over bonus clauses and he will leave this summer; the Reds could sign Dortmund centre-back Schlotterbeck to fill the gap.
After Liverpool sacked Slot, reporters say Iraola remains the top target, with Lens boss Pierre Sage also on the shortlist.
After Liverpool dismissed Arne Slot at the end of the season, Mohamed Salah has reportedly held urgent talks with his agent and may reverse his decision to leave and remain at Anfield.
Konaté remains determined to leave Liverpool even after Slot's departure and has already informed his teammates; whether Salah will stay at the club remains uncertain.
After the 4-2 defeat to Aston Villa, Salah posted calling for a return to heavy-metal football, only for Slot to push back at his press conference. Liverpool have taken just one point from their last three Premier League games and sit fifth.
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