Dutch media are reporting that the Netherland's football coach Louis van Gaal has agreed to take over at Manchester United next season, once he has completed the World Cup in Brazil.
First talks between the parties reportedly began a fortnight ago before the sacking of David Moyes, and an agreement was reached on Saturday night after talks with the club's owners, club director Ed Woodward and a club lawyer at Van Gaal's holiday home in Portugal.
The America-based Glazer family own Manchester United and will apparently give Van Gaal a budget of $NZ 160 million to spend on new players.
Manchester United, however, deny they have done a deal with Van Gaal.
Van Gaal has been the bookies' runaway favourite to take over after the sacking of Moyes this week.
Former manager Alex Ferguson has, however, backed, interim manager and veteran midfielder Ryan Giggs, as the club's full-time boss.