According to BBC Coventry & Warwickshire, Sky Blues Chairman Ray Ranson has offered the job to the Cheltenham born man who took over at Notts County in February and steered them to a League Two title which had looked out of their grasp.
Other media reports cite Cotterill as has having had talks with Ray Ranson yesterday whilst the BBC are reporting that Notts County have offered Cotterill an improved deal to keep him there and he is considering both deals.
Bookmakers Victor Chandler are also reporting that a lot of money was put on Cotterill being the next City manager yesterday and odds were dropped on him replacing Chris Coleman from 7-2 to evens and expect an imminent announcement.