Martin O'Neill is poised to return to management with a report today stating that he is to become the new Nottingham Forest manager.

Aitor Karanka's left his post as Forest boss on Friday after a year in charge and it would appear that the Championship club are now turning to a former player to get them back nearer the play-off places.

They currently sit ninth in the table and have won just once in their last seven league games.

According to The Guardian, O'Neill, who was dismissed as Republic of Ireland boss on 21 November, spent the last 48 hours talking to Forest owner Evangelos Marinakis in Birmingham and London and the club are optimistic about finalising a deal.

The Derryman won a First Division championship, a League Cup and two European Cups during his playing career at the City Ground.

O'Neill's last job in club management ended with his sacking at Sunderland in 2013. However, earlier posts in charge of Wycombe, Leicester City, Celtic and Aston Villa saw his stock rise and among his many achievements then was guiding the Scottish side to the 2003 UEFA Cup final.   

There is no news yet whether Roy Keane, the former Forest midfielder who assisted O'Neill with Ireland, will also be moving to the City Ground.