Watford have begun negotiations with Roy Hodgson, the former Crystal Palace, Fulham, and England manager, following Claudio Ranieri's departure on Monday afternoon.
Ranieri was relieved of his duties following Friday's home defeat to Norwich, after being in charge of the Hornets for just 14 games having been recruited in October to replace Xisco Munoz.
90min reports that conversations between Watford and Hodgson have taken place, with the 74-year-old widely regarded as the frontrunner to take over.
Hodgson already has Premier League miraculous escapes under his belt, having steered Fulham to safety midway through the 2007/08 season after replacing Lawrie Sanchez at Craven Cottage.
Fulham finished sixth in the Premier League the next season, qualifying for the Europa League and eventually reaching the competition's final in 2010.
When Hodgson was appointed in February 2011, he led West Brom to safety and into the top half of the Premier League in his first and only full season in charge. As a result, he was appointed England manager ahead of Euro 2012, a position he retained until 2016.
In 2017, Hodgson was appointed by his boyhood club, Crystal Palace, to return to club management. During his four seasons as coach, the Eagles finished 11th, 12th, 14th, and 14th, respectively. He left Selhurst Park at the end of last season after his contract expired.
His coaching career has spanned six decades and lasted 45 years. He is renowned for his work in 1980s Scandinavia and has also worked in Switzerland, Italy, and the United Arab Emirates, as well as taking command of Blackburn and Liverpool during the Premier League period.