Phil Neville is ready to end his playing days with Everton.
The Liverpool Echo says Blues officials are hoping to make an announcement in the next 48 hours.
The 34-year-old has one year remaining on his current deal and is close to agreeing a further year's extension.
That would keep the skipper, who is still one of the fittest players at the club, at Goodison until past his 36th birthday.
Neville admitted last season that he had actually considered retirement early last season because of a knee injury. But more recently he declared: "I feel as fit as I ever have, and want to continue for as long as possible, at least the next two seasons - hopefully at Everton.
"From a personal point of view it's been one of most enjoyable seasons. I've enjoyed it more than any other.
"But at the start of the season, when you come back from injury you question yourself."
Tottenham boss Harry Redknapp tried to lure Neville to White Hart Lane in January but Blues boss David Moyes fiercely resisted the move.
