Eriksson was linked with the Fulham job in the summer
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Sven-Goran Eriksson is on the verge of being appointed as Leicester City's new manager, BBC Sport understands.
The ex-England boss had been linked with the job after Paulo Sousa was sacked on Friday with the Foxes bottom of the Championship after nine games.
Eriksson, 62, is believed to have been offered a two-year deal to take charge at the Walkers Stadium.
He was set to watch Leicester's home match against Scunthorpe on Saturday, but deflected questions from the media.
But Steve May, covering the game for BBC Radio 5 live, said: "I have been told by a source close to the club that a press conference to confirm Eriksson's is taking over could be held as early as Sunday morning."
Eriksson, a former Manchester City manager, has been out of work since managing the Ivory Coast at this summer's World Cup in South Africa, where they failed to reach the knock-out stages.
Prior to that, he had a seven-month spell as Notts County's director of football having managed Mexico's national team from June 2008 to April 2009.
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Nuneaton Foxster
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Leicester, who were recently taken over by a Thai consortium, reached the play-off semi-finals last season under Nigel Pearson, who subsequently left to take charge at Hull City.
On the back of taking Swansea to the brink of the Championship play-offs last season, former Portugal international Sousa was then recruited by chairman Milan Mandaric but oversaw a woeful start to the season, with only five points gathered from Leicester's first nine league matches.
A Carling Cup run including away wins over Leeds and Portsmouth provided some relief.
But with many fans questioning Sousa's tactics and team selection, his fate was sealed by a 6-1 league loss to Pompey, followed by a 4-3 defeat at Norwich.
If Eriksson's appointment is confirmed, the former Lazio boss will become Leicester's seventh manager since former Portsmouth owner Mandaric took over in 2007.
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