Rafael Benitez has agreed to become the new manager of Chinese club Dalian Yifang, Sky Sports News understands.
The Spaniard could be introduced as the club's new boss on Tuesday, following the resignation of South Choi Kang Hee.
Benitez's Newcastle contract ended only yesterday and he is set to more than double the £6m salary he earned at St James' Park.
Benitez is now set to link up with the side from the Liaoning Province, whose squad currently includes the Arsenal transfer Yannick Carrasco and Slovakia international Marek Hamsik, who Benitez was in charge of when he was Napoli manager between 2013 and 2015.