Sky sources have said manager Roberto Mancini will be sacked by Manchester City.
The development comes a day after Manchester City suffered a shock defeat in the FA Cup final, losing 1-0 to Wigan at Wembley.
The defeat meant a trophy-less campaign for the big-spending team.
City exited the Champions League in the group stage for the second successive season, and fell behind Manchester United in the Premier League race, with United eventually winning the title with four games to go.
Reports over the past days said Malaga’s Manuel Pellegrini had been approached to replace Mancini.
The Italian took over in December 2009. He led City to an FA Cup victory in 2011 and to the Premier League title last year.
Sky’s Sports Correspondent Paul Kelso said the timing of Mancini’s departure was not yet clear, but no announcement was expected today.
“They’ve got a game on Tuesday against Reading and then a game a week from today, the last of the season. It remains to be seen whether Mancini will still be in charge for either of those.
“But it’s a big decision from Manchester City to fire a man who – let’s not forget – has taken them to third, first and second in the Premier League in three years, and won them an FA Cup.”
The news comes on the day that City’s bitter rivals, Manchester United, celebrate Sir Alex Ferguson on his last match at Old Trafford.