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Swansea chairman Huw Jenkins has revealed an agreement is in place to stop Brendan Rodgers signing players from his former club for a year.
Under the conditions of his release, Rodgers will not be able to raid his former club for talent over the next 12 months.
Huw Jenkins said: "We have got some protection on Brendan coming back for our players in the initial period, which I think is the right thing.
"He has got a timescale to assess things there and that is going to take him a while, so I've got no worries there. We have got a 12 month respite."
Brendan Rodgers has admitted that managing a footballing 'dynasty' like Liverpool was too good an opportunity to turn down.
But as he was officially unveiled as the new Reds boss, he expressed his 'deepest gratitude and thanks' to Swansea, adding that he's been very happy in Wales.
Bookmakers have suspended betting on Graeme Jones, the Wigan and former Swansea assistant coach, to take over from Rodgers. But there are other contenders as Sports Correspondent Richard Morgan explains.
Former Wales international David Giles says that it's difficult to blame Brendan Rodgers for leaving Swansea, as "you don't get too many opportunities to go the top" and Liverpool represents "the very top."
Swansea City have officially confirmed that manager Brendan Rodgers will leave the club.
ITV Wales understands that Brendan Rodgers has now left Swansea City, with a statement expected this evening.
Earlier this afternoon, fans gave their reactions to the reports of his move to Liverpool.
Swansea boss Brendan Rodgers appears to be edging closer to filling Liverpool's managerial vacancy but reports he has agreed a three-year deal have been dismissed as premature.
The 39-year-old emerged yesterday as the first choice to succeed Kenny Dalglish, having moved ahead of Wigan boss Roberto Martinez.
Reports began circulating late this afternoon that a three-year deal had been agreed, although the Press Association says it was told by sources at Liverpool this was "categorically untrue".
The Reds will have to pay somewhere in the region of between £4million to £5million in compensation as part of the new contract Rodgers signed at the Liberty Stadium in February.
Swansea City are preparing for life without manager Brendan Rodgers after sources close to the Northern Irishman said he has been offered the vacant mangers job at Liverpool.
Rodgers rejected the opportunity to talk to the Merseysiders when first linked with the post earlier this month.
Club Chairman Huw Jenkins told ITV Wales News yesterday that he had not received a second a formal approach from Liverpool to speak to Rodgers and that a meeting between the pair was simply a matter of routine.
It is understood that Rodgers will now discuss the personal terms of any possible move before putting pen to paper on a deal.
Some reports suggest that a deal could be done within 48 hours.
Latest ITV News reports
Michael Laudrup has been officially unveiled as Swansea City's new manager at a press conference this afternoon.
Former Denmark international Michael Laudrup has been appointed the new manager of Swansea City following Brendan Rodgers' departure.