Netherlands headcoach Ronald Koeman has agreed in principal to take over the management of spanish club Barcelona, Sky Sports reports.
This development comes days after the sacking of Quique Setien after the 8-2 humiliation at the hands of German giants Bayern Munich.
The former Barcelona player is considered a favorite of club president Josep Maria Bartomeu and an announcement of his arrival is a matter of when not if.
Sky Sports now says that Barca high ranking officials are holding compensation discussions with Dutch FA, whose contract with Koeman was set to expire in 2022 after the FIFA World Cup.
Read More: Barcelona set to sack manager after horrific humiliation at Bayern Munich
Barcelona dismissed Setien following the thrashing in Lisbon as they crushed out of the champions league quarter finals.
“This is the first decision within a wider restructuring of the first team which will be agreed between the current technical secretary and the new coach, who will be announced in the coming days.” said Barcelona in a statement.
Other names top on the list for the vacant managerial post include ex-Tottenham manager Mauricio Pochetino and Frenchman Laurent Blanc.
Following their heaviest defeat in decades, Spanish defender Gerald Pique who looked distraught after the final whistle admitted that they had been utterly humiliated and it was time the club considered a total overhaul.
FC Barcelona President Josep Bartomeu after the defeat had also acknowledged that radical changes have already been undertaken including the sacking of Director of Football Eric Abidal.