Sven-Goran Eriksson could be named Manchester City's new manager within the next 24 hours.
It is understood the former England coach is poised to sign a lucrative contract at Eastlands.
Prospective owner Thaksin Shinawatra's advisors believe the 59-year-old Swede is the man to take City forward and establish the club as a force in the Barclays Premiership.
Eriksson is keen to return to work after a year-long absence from the game.
And Thaksin has promised him a £50million transfer kitty to dip into. That kind of money should attract some top names.
The landscape at City could be about to change dramatically but one of their brightest young stars has re-affirmed his commitment to the club.
England Under-21 defender Nedum Onuoha has signed a new four-year contract after playing in the European Championships.
