Barcelona could announce today that Valverde won't be coaching the team next season, according to reports from Catalan press RAC1.
Treble-chasing Valverde only brought La Liga title home this season, enduring shock loss in both Champions League and Copa del Rey final.
El Mundo and Diario Sport are among the outlets that claim a decision has been made to remove the boss and he has already been informed, with just a public statement.
RAC 1 suggest Barcelona have decided to sack their coach soon, even today.
According to multiple reports early this week, Koeman, Allegri, Martinez and Ten Hag are shortlisted as the possible successor.