The Swede is the top target of new owner-in-waiting the former Thai Prime Minister Tahksin Shinawatra.
And that possibility seems to be growing by the day with Eriksson’s arrival at the City of Manchester Stadium on Tuesday night.
“We will see tomorrow (Wednesday). I would prefer to speak tomorrow,” said Eriksson.
Asked if he will be meeting representatives from City on Wednesday, Eriksson added: “I think so. If you wait until tomorrow you will know everything.”
With pre-season training starting Wednesday, Eriksson is expected to meet the players before being formally unveiled as the club’s new manager this week.
It appears City can finally contemplate looking forward to next season after a summer of uncertainty, which has seen key players Joey Barton and Sylvain Distin leave the club.
Thaksin will take control of the club when his share-holding reaches 75 percent but the process has been slow.
He has steadily moved towards the required figure, with only minor shareholders still to sell.
However it is clear that, with the new Premier League campaign just weeks away, the club are desperate to have their new manager on board to get on with the business of building a squad.
With Eriksson poised to take charge, City have already been linked with a string of players and, with a significant transfer budget available, he will be hoping to act quickly to bring much-needed quality to the club.
The Swede has been out of work since leaving the England job following last summer’s World Cup in Germany.