Wolverhampton Wanderers are to make a statement about boss Mick McCarthy, who is being linked with the vacant South Korea coach's job.
McCarthy and former Liverpool manager Gerard Houllier have been confirmed as the two candidates.
The Korean Football Association is set to to make a decision by Saturday.
KFA president Chung Mong-joon said: "We have received the final answer from both candidates and now have to agree on a contract."
Korea have been searching for a new coach since July when Pim Verbeek stepped down after leading the Taeguk Warriors to third place at the 2007 AFC Asia Cup.
McCarthy has previous international experience after spending six years in charge of the Republic of Ireland and steered them to the second round of the World Cup in 2002, before taking over at Sunderland.
606: DEBATE
Looks like Mick McCarthy is going to South Korea to be an international manager again. I seriously hope he does
TH8r
The 48-year-old parted company with the Black Cats in March 2006 with the club bottom of the Premiership and took over at Molineux four months later.
Wolves are currently sixth in the Championship, having won nine of their opening 20 league games this season.
Houllier, meanwhile, is available after leaving Lyon earlier this year.
The former Liverpool manager is France's technical director having spent two successful years in charge of Lyon.
The 60-year-old has also been linked with the England job.