Palermo are on the verge of making former Italy midfielder Gennaro Gattuso their new manager.

The Rosanero were relegated from Serie A last season, with current coach Guiseppe Sannino failing to escape the bottom three despite a late upturn in form.

Gattuso was sacked from his first coaching post at Swiss side FC Sion earlier this month, with Palermo president Maurizio Zamparini admitting that the ex-AC Milan talisman is his preferred candidate to take charge.

Zamperini told La Stampa: "I really like Gattuso a lot. He could be our new tactician just as soon as I have resolved the situation here with Sannino.

"I think Sannino has probably already resigned so we just have to reach an agreement."

Speculation is building that Gattuso has admitted he is interested in the role, which would see him lead the club's bid for promotion in Serie B next season.

"I will meet with the president and evaluate," Gattuso told Mediagol.it.

"In any case, I know that Palermo has a great heritage of enthusiasm, and that's why I'd like to come."

The 35-year-old played 73 times for the Azzurri and also spent 12 years with Milan in a distinguished career.