Russia’s coach Dick Advocaat will step down after Euro 2012 and has a verbal agreement to rejoin PSV.
Advocaat's contact expires after the tournament and although he has an option to extend for another two years, taking him to the end of the 2014 World Cup, newspapers are claiming he will walk away in July.
"After the European championship I'll go," Advocaat told the Sport-Express newspaper. “I can't tell you the reason yet but, knowing about all the speculation, I'll say right now it's not about the money.
"I haven't told the players yet. I'm sure that this news won't influence our preparation for the Euros. We will make every effort to have a successful tournament."
It is believed he fancies another crack at club management before he retires and the 64-year-old confirm as much.
"Verbally we have agreed [a deal with PSV Eindhoven] but we have to put everything on paper. I expect that will happen this week," said Advocaat, who coached PSV between 1995 and 1998 and led them to the Eredivisie title in 1997. "PSV has great potential but it needs to be realised," he added to Voetbal International.
PSV are currently coached by Phillip Cocu, who replaced the sacked Fred Rutten last month, but will make way for a permanent manager in the summer and has previously spoken highly of Advocaat.