Carlo Ancelotti will reportedly arrive in London over the next 24 hours before holding face-to-face talks with Everton over the possibility of becoming the club's new head coach.
Duncan Ferguson is currently in charge of first-team affairs at Goodison Park with the Scot taking the position previously held by Marco Silva, who was sacked following a disappointing run of results.
Ancelotti, meanwhile, lost his job at Napoli earlier this week, and the Italian has been strongly linked with a return to the Premier League over the last few days.
According to The Sun, the former Chelsea manager will land in London on Friday before holding a meeting with Everton owner Farhad Moshiri and chairman Bill Kenwright.
The report claims that Arsenal are also keen on the 60-year-old, but the Gunners are not currently in a position to hold an official meeting with the experienced manager.
Ancelotti led Napoli into the last-16 stage of the Champions League courtesy of a 4-0 win over Genk earlier this week, but the Italian giants have struggled in Serie A this season, currently sitting down in seventh position.
Everton will attempt to make it successive Premier League wins when they travel to an in-form Manchester United on Sunday afternoon.
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