Ange Postecoglou is free to coach the Australian national side after A-League club Melbourne Victory reached an agreement with Football Federation Australia to terminate his contract, according to the ABC.
However, the switch is reportedly being stalled by the Australian club asking for an amount of compensation deemed excessive by the FFA.
Central Coast Mariners coach Graham Arnold and Western Sydney Wanderers manager Tony Popovic were also in the frame for the job, but 48-year-old Postecoglou is said to have accepted the offer to coach the national side - sparking speculation that he could be rushed out the door before Melbourne's Friday night clash with Brisbane Roar.
Postecoglou had little to say ahead of the clash at Etihad Stadium, leaving his immediate future still very much up in the air.
"We will see what happens," he said on Tuesday morning.
Former Australia international Tony Popovic revealed that although he believes the Victory coach will excel at the helm of the national side, the news caught him off-guard.
"You've just told me news that I didn't know," he said.
"Whatever the FFA decides, if it's an Australian coach, and if as you're saying it is Ange, brilliant, great.
"We move on and I'm sure he'll do a great job and we look forward to supporting the Socceroos."
Postecoglou is yet to bag three points with his club ahead of this weekend's blockbuster clash, collecting two points from the first two matches this season.
Write for GiveMeSport! Sign-up to the GMS Writing Academy here: http://gms.to/130seMa