Hebei China Fortune manager Manuel Pellegrini has already agreed to take charge at West Ham United, according to a report.
The 64-year-old, who lifted the Premier League title with Manchester City four years ago, is said to have shaken hands with West Ham chiefs.
Contrary to those reports emerging from Chile, however, Sky Sports News suggests that there is still one final hurdle to overcome before an announcement can be made.
Pellegrini's wage demands are understood to be causing a problem for the Hammers, meaning that Newcastle United boss Rafael Benitez's name is still in the frame for now.
The Hammers are in the market for a new manager after David Moyes's short-term deal at the London Stadium was not renewed.