The Premier League title winning manager is coming under growing pressure as Liverpool's season continues to spiral.
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A 4-1 home defeat in the Champions League to PSV Eindhoven came just days after a 3-0 Anfield setback to Nottingham Forest.
Liverpool are now sitting in 11th place on the Premier League table and The Sun says management have drawn up a potential replacement plan.
PSG coach Luis Enrique has been identified as the man to succeed Slot should the Dutchman fail to turn things around. With the Spaniard under contract, Liverpool could turn to former manager Jurgen Klopp as a stop-gap should they choose to cut loose Slot during the season.
As it stands, Liverpool have lost a staggering nine games in the past 12.