Leicester City are already seeking a replacement for manager Claude Puel.
The Daily Mail says a high-profile manager is being targeted as a possible successor.
Brendan Rodgers has previously been discussed and is set to leave Celtic next summer. Rafa Benitez is another potential candidate but his circumstances at Newcastle have settled.
Vice-chairman Aiyawatt Srivaddhanaprabha, known as Top, will make the call on Puel after assuming full responsibility following his father Vichai's death in October.
Deliberations over the Frenchman have been ongoing since the start of the campaign but were set well aside after the helicopter tragedy.