Wolverhampton Wanderers have agreed a deal for Portuguese Vitor Pereira to become their new coach after the sacking of Gary O'Neil, Sky Sports reported on Tuesday.
Pereira currently manages Saudi Arabian side Al Shabab, who are sixth in the Saudi Pro League. His other managerial spells include Flamengo, Fenerbahce, Olympiacos and Porto, among several others.
Wolves sacked O'Neil on Sunday after a winless run left them stranded in the Premier League relegation zone.
Wolves have agreed on compensation with Al Shabab as well as personal terms with Pereira, with the 56-year-old expected to sign a one-and-a-half-year contract, Sky Sports said.
Wolves did not immediately respond to a request for comment.
Wolves are 19th in the standings with nine points from 16 matches following Saturday's 2-1 home loss to promoted Ipswich Town, which extended their losing streak to four league games.