Carlo Ancelotti has reached an agreement in principle to become the next Everton manager, Sky Sports News understands.
Negotiations between Everton and Ancelotti progressed well following the Italian’s arrival on Merseyside earlier on Monday.
It is understood confirmation of Ancelotti succeeding Marco Silva could be announced before Wednesday’s Carabao Cup quarter-final against Leicester.
Ancelotti remains one of the finest and most decorated managers in world football, despite his recent struggles with Bayern Munich and Napoli.
He bowed out in Naples on the back of a 4-0 win in the Champions League against Genk, but it was the club’s poor form in Serie A – they were seventh when he was axed – and a squad mutiny with owner Aurelio de Laurentiis that cost him his job.
Meanwhile, the club confirmed that Duncan Ferguson will lead the team for Wednesday’s Carabao Cup quarter-final against Leicester but it remains uncertain how much longer the club legend will continue to fill in.
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