Michael Carrick has agreed to become the new head coach of the club.
The former Manchester United player is set to sign his contract with the club in the next day or two.
The appointment of his backroom team is expected to be announced before the weekend.
The team could have a new head coach on Saturday.
The Wigan Athletic game is on Wednesday night.
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After the dismissal of Chris Wilder on October 3, Carrick held advanced discussions with theBoro hierarchy in the past 48 hours.
Craig Liddle, Mark Tinkler, and Lee Cattermole have all been involved in first-team affairs over the past two weeks, but they have all been defeated.
The job will be the first permanent managerial position for Carrick. He joined the coaching staff at United in December of last year, after retirement, working under Jose Mourinho and Ole Solskjaer.
There is a strong relationship between the chairman of the club and the manager who was a player and manager.
The club held discussions with a number of candidates who had been interviewed for the position.
Out-of-work Sean Dyche, who was sacked by Bournemouth earlier this season, as well as ScottParker, who was dismissed by Bournemouth earlier this season, were also thought of by the team as they searched for a new manager.
With five of the remaining seven games before the World Cup taking place away from home, it will be a difficult start to life for the new manager.
DavidPrutton is a Sky Sports analyst.
If it didn't sound like the right move straight off the bat, what's happened since then that will get him back up to speed? The club's history and prestige make it a great place to call home.
The chairman is born and bred in the area, he has made himself very successful, and the club has been very successful too. Michael would come in with a new outlook after a period of under performance.
Sometimes, it's looking at the same group of players. There's still a very workable squad there that shouldn't be too far away from where it is.
As an assistant at Manchester United, Michael learned his apprenticeship at the coalface, and that should help him in the long run.
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