Real Madrid are set to sack coach Bernd Schuster today and replace him with former Tottenham boss Juande Ramos, according to reports in Spain.
Speculation suggests sporting director Pedja Mijatovic is to hold a meeting with club president Ramon Calderon to discuss the managerial change.
Schuster has been hanging onto his job by an ever-thinning thread in recent weeks with the Spanish champions currently fifth in the Primera Liga, nine points behind bitter rivals Barcelona who they face in El Clasico on Saturday.
The Madrid board have given Schuster several votes of confidence but Sunday's morale-crushing 4-3 home defeat to Sevilla looks like it could have been the final straw.
Reports suggest that Ramos could be in charge by the afternoon training session in the Spanish capital, scheduled for 5pm, and lead the team in tomorrow night's Champions League clash against Zenit St Petersburg.
The former Sevilla coach has been without a job since leaving Tottenham Hotspur in October, following the Premier League club's worst ever start to the season.