Everton manager David Moyes could be named as Sir Alex Ferguson's successor at Manchester United later today.
The deal to appoint the new boss has already been done and approved by the club's board, according to Sky News City Editor Mark Kleinman.
Moyes, 50, who has spent 11 years at Goodison Park building solid squads on the slimmest of resources, is out of contract with the Merseysiders on June 30.
He spent a number of hours in talks with Everton chairman Bill Kenwright in London on Wednesday night.
Ferguson's shoes will be tough to fillMoyes and Ferguson have had a close relationship and the Everton manager has long been considered as his fellow Scot's most likely successor.
He was even considered as a possible right-hand man to Ferguson as far back as 2000, when he was in charge at Preston, two years before he took the Everton job.
Existing on a comparatively meagre budget at Goodison Park, Moyes' Everton have not finished outside the top eight since 2006.
Real Madrid manager Jose Mourinho, who established a friendly rivalry with Ferguson while in charge of United's rivals Chelsea, had also been touted for the Old Trafford job.
Mourinho had been tipped as a possible successorFerguson, 71, guided United to 13 Premier League titles and two European Champions League crowns in 26 years in charge at Old Trafford that yielded 38 major trophies in total.
Rumours of his retirement only began circulating late on Tuesday, but Ferguson said it was a decision he had been considering for some time.
"The decision to retire is one that I have thought a great deal about and one that I have not taken lightly. It is the right time," Ferguson said.
"It was important to me to leave an organisation in the strongest possible shape and I believe I have done so."
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