Leicester City are thought to be on the verge of appointing Nigel Pearson for a second spell as manager at the club.
It's claimed in The Guardian that Hull City will receive around £400,000 in compensation for their manager, who took over at the KC Stadium in June 2010 after his exit from the Foxes.
Much has changed at the King Power Stadium since his first spell with the club, not least the name of the ground, and the financial power of the Thai owners makes the opportunity one Pearson appears to have been unable to turn down.
Lee Clark and Martin O'Neill were also thought to be in the frame to take over at the Midlands, but Pearson's blueprint for success during his original two-year spell at the club makes the choice a well-received one by the club's fans.
After taking over in the summer of 2008, Pearson guided the club to the Npower League One title the following season, and then took his side to the verge of the play-off final before a dramatic penalty shoot-out defeat against Cardiff City in the semi-final.
His exit was linked to rumblings of discontent with then chief executive Lee Hoos, but both he and chairman Milan Mandaric are no longer involved.
Sven Goran-Erikson took over in October 2010 following Paulo Sousa's failed spell in charge, but after moving from the bottom of the table to the cusp of the top six last term, the Swede has paid for a relatively slow start to the season this term after spending big in the summer.
With one of the biggest budgets in the division and a wage bill to match, the owners will be eager for instant success, and the weight of expectation is once again set to fall on the well-respected shoulders of Pearson.