Just weeks after resigning from the Italy role, Roberto Mancini is set to be announced as the new coach of the Saudi Arabia national team, earning €25m net per year.
The Saudi authorities have called a press conference in a hotel for Monday at 15.00 UK time (14.00 GMT).
He is expected to sign a four-year contract to 2027, which according to La Gazzetta dello Sport will earn him circa €25m per year with no taxes.
Saudi Arabia will host the Asian Cup in January 2027, a tournament they have not won since 1996.
The CT sensationally quit the Azzurri on August 13, which in turn was just nine days after he had been named co-ordinator of the Italy Under-21 and Under-20 teams too.
Although he insisted that the offer from Saudi Arabia had nothing to do with his decision, there have been reports on Sportitalia that negotiations started over a month ago.
His debut will be in England, when the Green Falcons face Costa Rica in a friendly at Newcastle’s St. James Park on September 8, then the same venue against South Korea on September 12.
Mancini was replaced on the Italy bench by Luciano Spalletti.