David Moyes is in discussions with Everton about a potential return to Goodison Park following the dismissal of manager Sean Dyche.
While no deal has been finalized and Moyes is not the only candidate for the role, he is currently considered the frontrunner.
Negotiations are reportedly progressing, but Everton may be running out of time to finalize and announce the appointment by Friday evening.
Dyche was let go on Thursday with the club sitting 16th in the Premier League, just one point above the relegation zone.
The Toffees have won only three of their 19 league matches this season.
Moyes, who managed Everton from 2002 to 2013 before moving to Manchester United, had a brief and unsuccessful tenure at Old Trafford, being sacked after just 10 months.
He then enjoyed two spells at West Ham, leading them to the Europa Conference League title in 2023, but has been out of work since leaving the Hammers at the end of last season.
Recently, Moyes stated that he was not ready to retire from football management but emphasized that he did not want to take on a role “fighting relegation.”
When Moyes left Everton for Manchester United in 2013, he departed a club that was a model of stability.
His 11-year tenure at Goodison Park saw Everton rise from Premier League strugglers to European contenders, even reaching the Champions League qualifying stage in 2005.
Under Moyes, the club operated with limited funds, but he had full control of football matters and was supported by chairman Bill Kenwright, who appreciated the achievements of the Scotsman during his time at the helm.