In January, the 56-year-old made the bombshell announcement that he will be vacating his post at the end of the season after a glittering nine-year spell with the Merseyside giants.
Klopp has acknowledged that he is "running out of energy" and believes a club of Liverpool's stature now needs "a manager in his top game and top level" to ensure they continue to compete for the most prestigious honours.
Feyenoord's Arne Slot is seemingly the man to succeed Klopp, who has steered Liverpool to glory in a number of different competitions and has given the Reds supporters many memorable moments during his illustrious reign.
Here, Sports Mole takes a closer look at every trophy Klopp has won during his time as Liverpool manager between October 2015 and the end of the 2023-24 campaign.
How does Klopp's silverware compare to other Liverpool managers?
Excluding the Community Shield, Klopp is Liverpool's second-most decorated manager in history with seven major honours, only behind club icon Bob Paisley who won 14 major trophies during his legendary spell between 1974 and 1983.
Klopp's second EFL Cup triumph earlier this year helped him to surpass both Bill Shankly and Kenny Dalglish - two more Liverpool greats - who won six major trophies each during their respective reigns with the Reds, while French tactician Gerard Houllier completes the top five with five major trophies.
The only major trophy Klopp has failed to win at Liverpool is the Europa League; the Reds reached the final in 2016 before losing out to Atalanta BC in the quarter-finals of this season's competition.
However, the German is one of only four managers in the club's history to win a European Cup/Champions League, alongside Paisley (three), Rafael Benitez and Joe Fagan (both one).
Klopp has also triumphed in the UEFA Super Cup along with Paisley, Houllier and Benitez, while he is the only Liverpool manager that boasts a FIFA Club World Cup, although that competition was only introduced in 2000.
On the domestic front, Klopp has won four trophies, including the club's first-ever Premier League title in 2019-20, while he has also celebrated success in the League Cup (twice) and FA Cup, with all three of those trophies won over the last three seasons.
In comparison, Houllier won exactly the same three domestic cups, but he failed to steer Liverpool to a top-flight title. Shankly, meanwhile, never won a League Cup, but he did celebrate three league titles and two FA Cups along with Dalglish, who also won one League Cup during his second stint in charge in 2012.
As for Paisley, he has won the most League Cups (three) and the most top-flight titles (six) as Liverpool manager, but the one trophy that evaded him was the FA Cup.
Jurgen Klopp's trophy timeline
Champions League (2018-19)
The first trophy of Klopp's Liverpool reign was a big one to say the least! After losing out to perennial European winners Real Madrid in the 2017-18 final, the German steered Liverpool to Champions League glory 12 months later - the club's sixth European Cup to date and first since that famous night in Istanbul in 2005.
Despite losing three of their six group-stage matches, Liverpool scraped through to the knockout rounds, finishing second above third-placed Napoli via goals scored, before beating Bayern Munich, Porto and Barcelona over two legs, securing a historic 4-3 aggregate win over the latter in the semi-finals despite losing the first leg 3-0 in Spain.
Liverpool entered an all-English final with Tottenham Hotspur as favourites and they came out on top by a 2-0 scoreline at the Metropolitano Stadium, courtesy of a second-minute penalty from Mohamed Salah and an 87th-minute strike from Divock Origi.
UEFA Super Cup (2019)
The following season, Klopp navigated his Liverpool side past another London-based club to secure European silverware, this time against Europa League holders Chelsea in the UEFA Super Cup held in Istanbul.
A brace from Sadio Mane was not enough to inspire Liverpool to victory over the course of 120 minutes, as both Olivier Giroud and Jorginho were on target for Chelsea to send the closely-fought contest to penalties.
However, Liverpool eventually prevailed 5-4 in the shootout, netting all five of their spot kicks before goalkeeper Adrian made a crucial save to deny Tammy Abraham from 12 yards.
FIFA Club World Cup (2019)
Four months after that triumph in Turkey, Liverpool were crowned champions of the world for the first time in their history, after edging past Mexican outfit Monterrey in the semi-finals before beating Brazilian giants Flamengo after extra time in the showpiece event.
Roberto Firmino netted a 91st-minute winner to help the Reds beat Monterrey by a 2-1 scoreline, three days before the Brazilian scored the only goal of a feisty final with Flamengo to help Klopp's men claimed a hard-fought 1-0 victory after 120 minutes in Qatar.
Premier League (2019-20)
Liverpool may have surrendered their Champions League crown to eventual winners Bayern Munich, but they ended the coronavirus-hit campaign on a high as they fought off competition from Manchester City to win the Premier League title - the club's first-ever title in the Premier League era and first in the top flight for 30 years.
The Reds notched up a remarkable 99 points, the second-highest in Premier League history, after winning 32 of their 38 games (also drawing three and losing three), and finished a staggering 18 points clear of their nearest challengers Man City in second place. Manchester United, meanwhile, finished in third and a mammoth 33 points adrift of the summit.
Liverpool won 26 and drew one of their first 27 Premier League games before suffering their first defeat of the campaign at Watford (3-0). The Reds eventually clinched their 19th top-flight title in June, following a three-and-a-half-month COVID delay, with seven games to spare - setting a new record for the earliest English top-flight title triumph in history.
League Cup (2021-22)
The prospect of an unprecedented quadruple emerged for Liverpool heading into the latter stages of the 2021-22 campaign, and those hopes intensified thanks to their League Cup victory over Chelsea in the final.
After beating Norwich City, Preston North End, Leicester City and Arsenal to advance to Wembley, Liverpool required a penalty shootout to edge past Chelsea following a goalless stalemate in 120 minutes.
All 22 players stepped up for a penalty, with Liverpool's Caoimhin Kelleher - starting ahead of first-choice goalkeeper Alisson Becker - scoring his spot kick before watching Chelsea's Kepa Arrizabalaga blaze his effort over the crossbar to hand the Reds an 11-10 victory in the shootout - their first League Cup win since 2012 under Dalglish.
FA Cup (2021-22)
It was de ja vu for both Liverpool and Chelsea when they renew acquaintances for the FA Cup final just three months later, with the Reds once again coming out on top via a penalty shootout following a 0-0 draw in 120 minutes.
Alisson was handed a start between the sticks in this one, and he made a crucial save to deny Mason Mount from 12 yards before Kostas Tsimikas secured a 6-5 shootout victory for Liverpool - their eighth FA Cup win and first for 16 years.
Community Shield (2022)
After losing his first two finals in the Community Shield in 2019 and 2020, Klopp steered Liverpool to silverware at the third time of asking in the 2022 curtain-raiser, beating Premier League champions Man City by a 3-1 scoreline at the King Power Stadium.
Julian Alvarez cancelled out a first-half strike from Trent Alexander-Arnold, but two late goals from Mohamed Salah and super sub Darwin Nunez - scoring on his Reds debut following his summer move from Benfica - sealed the victory for Liverpool against a Man City side who handed a certain Erling Haaland his debut in English football.
League Cup (2023-24)
"In more than 20 years (of management), this is easily the most special trophy I have ever won. It's exceptional." These are the words of Klopp in February after winning what will prove to be his final trophy as Liverpool manager - the EFL Cup. "It is a night I will never forget. If nobody else sees it like that, no problem, but for me, it's a really nice memory forever."
After beating Leicester, Bournemouth, West Ham United and Fulham, Liverpool set up another final with, you guessed it, Chelsea and for the third time in as many Wembley showdowns, the two teams could not be separated in 90 minutes.
Liverpool's 10th triumph in the competition and second under Klopp was achieved without a number of injured star names, but penalties were not required this time, as captain Virgil van Dijk headed home the decisive goal deep into extra time to help a youthful Reds outfit secure a slender 1-0 victory.