Carlos Queiroz could be on his way from Manchester United as early as this week.
"I am optimistic and I believe that we could close this subject soon," FPF chairman Gilberto Madail told Lusa.
"I have spoken about mid-July but really those could be in the first days of the next week."
Director of the Federation Jose Peseiro was also quick to give Queiroz his seal of approval: "This a good news for Portuguese football."