Carlo Ancelotti has reached an agreement in principle to become the next Everton manager, Sky Sports News understands.
Negotiations between Everton and Ancelotti progressed well following the Italian’s arrival on Merseyside earlier on Monday.
Everton revealed caretaker boss Duncan Ferguson will be in charge for the visit of Brendan Rodgers’ side, with the former Blues striker set to remain as part of the first-team coaching staff, should Ancelotti be appointed.
Ancelotti, who was sacked as Napoli manager last week, emerged as a primary target for Everton’s majority shareholder Farhad Moshiri and chairman Bill Kenwright since Silva’s departure on December 5.
The 60-year-old won the Premier League, the FA Cup and the Community Shield during his tenure at Chelsea from 2009 until 2011, and has lifted three Champions League trophies over the course of his managerial career.
Ferguson was subsequently placed in temporary charge of the Toffees and has overseen a 3-1 win against Chelsea at Goodison Park and a 1-1 draw against Manchester United at Old Trafford on Sunday.
Shanghai SIPG boss Vitor Pereira – understood to have initially been the leading candidate to replace Silva – pulled out of the process last week.