Lucien Favre has agreed a three-year deal with Crystal Palace.
The 63-year-old's appointment is dependent on securing a work permit, though Palace hope that the process will not prove overly complicated and that they can announce the appointment in the next week, reports the London Evening Standard.
The Eagles have been on the hunt for a new manager since it was confirmed that veteran Roy Hodgson would step down at the end of his deal this summer.
Palace had been close to appointing ex-Wolves boss Nuno Espirito Santo until talks broke down at the eleventh hour.
Sean Dyche, Steve Cooper and Frank Lampard were amongst a host of other candidates considered as Hodgson's successor.
Favre left Borussia Dortmund in December last year and has a reputation for attacking football, something Palace fans have been calling for during the latter stages of Hodgson's tenure.
