West Ham are expected to name Alan Curbishley as their new boss in a news conference at 1500 GMT on Wednesday.
Alan Curbishley has been unveiled as the new manager of West Ham.
The former Charlton manager will step into the vacancy left after the sacking of Alan Pardew on Monday.
Chairman Eggert Magnusson moved quickly to appoint the former Charlton manager after sacking Alan Pardew on Monday.
Curbishley, who played for West Ham from 1975-79, revealed on Tuesday he would find the job hard to turn down.
"I am absolutely delighted that Alan has agreed to join us," said Magnusson. "He's a manager with a proven track record and a real love for the club."
And the 49-year-old is all set to put pen to paper on a three-year contract he has been offered by new Hammers chairman Eggert Magnusson.
Curbishley and his assistant Mervyn Day, both former West Ham players, take charge for the first time against Manchester United on Sunday.
Curbishley is thought to have turned down the opportunity to manage the Hammers in 2001 when he was still at Charlton.
"If you'd said to me when I was at West Ham at the age of 16 that one day I'd be manager I would have thought it impossible," said the new manager, who played for West Ham between 1975 and 1979.
He has been out of football after leaving his post at The Valley in May and has since been linked with Aston Villa, West Brom, Leeds and Norwich.
It is also understood Curbishley will be joined at Upton Park by his former Charlton assistants Mervyn Day and Keith Peacock, who is already on West Ham's staff.
And by a quirk of fate his first match in charge will be against Manchester United, the opponents for his final match as Addicks boss.
On Tuesday, Curbishley said: "I would love to know what West Ham want to say, of course I'm interested. They are my club."
I think this is very cruel for Pardew as he's done remarkably well there Arsenal boss Arsene Wenger
But, writing in his Daily Express column on Tuesday, Curbishley said the Hammers supporters should not take his appointment for granted.
He added: "I'm flattered by the response from fans who believe I should be the next boss but two and two do not always make four.
"West Ham are my club. I come from Canning Town, grew up as a trainee, became a first-team regular and sat at the feet of the incomparable Bobby Moore.
"The England captain would often give me a lift into training and I've never forgotten the lessons he taught me on and off the pitch, especially how to conduct myself in public.
"Once you are brought up in a background like West Ham, the affection you have for the club never goes away.
"I'm deeply delighted. It's a privilege to be here and I'm looking forward to lifting us out of the position we're currently in."
"I can easily tap into the fans' passion for the club, what they want and what they stand for."
Curbishley, who was interviewed for the England manager's job earlier this year, left Charlton in May after 15 years in charge.
Kia Joorabchian, the Iranian businessman who owns the rights to West Ham's Argentine duo Carlos Tevez and Javier Mascherano, says Curbishley would be a superb appointment.
His last game at the Addicks was against United.
CURBISHLEY FACTS Born 8 November 1957 in LondonJoins West Ham in 1974, making 85 appearances and scoring five goalsGoes on to play for Birmingham, Aston Villa, Charlton and BrightonBegins managerial career at Charlton in 1991Addicks are promoted in 1998, relegated the following season but return to the Premiership in 2000Charlton post their highest-ever finish of seventh in 2004Following his failure to get the England manager's job, Curbishley leaves The Valley at the end of the 2005/6 season
Magnusson continued: "This is a great day for West Ham and I am sure that we now have the right management team in place to take the club forward.
"I believe Alan is the best man for the job and can get them out of trouble," said Joorabchian.
"On behalf of everyone at West Ham, I welcome Alan and Mervyn - two of our former players, who are now back where they belong."
"I think Carlos and Javier would be pleased if Curbs came in."
Meanwhile, Arsenal boss Arsene Wenger has revealed his sadness at West Ham's decision to fire Pardew.
Wenger and Pardew were involved in a touchline row last month but Wenger told BBC Five Live Sport: "That is not a reason to want someone to be unhappy.
"I think this is very cruel for Pardew as he's done remarkably well there.
"He wasn't given time by the new owners but sometimes that's the risk in our job, you undeservedly get the sack even if it's not linked with your quality."
Ex-Hammers chief Glenn Roeder, now boss of Newcastle, added: "When one of the football family gets knocked down and lose their job like Alan has, of course there is sympathy.
"They were just seconds away from winning the FA Cup final and Alan Pardew would have been in West Ham's history books forever and a day.
"That is scary, how fine the dividing line is that we all live by. We all hang by a thread, all of us."
