Manuel Pellegrini is expected to be announced as Manchester City manager early next week, Sky Sports understands.
Speculation linking the Chilean with the Etihad Stadium hotseat has been rife for some time, with the 59-year-old confirming at the start of the month he would be entering into talks with the club.
Pellegrini led Malaga to the quarter-finals of the UEFA Champions League this season, where they were knocked out by eventual finalists Borussia Dortmund.
He now looks set to be tasked with leading City in the competition, after they twice failed to get out of the group stage under Roberto Mancini.
The club's owner Mansour bin Zayed Al Nahyan will also expect City to put up a stronger challenge for the Premier League, after they lost their crown to rivals Manchester United this season.