The ex-Newcastle manager is available and he is tipped to become the next coach of Los Angeles Galaxy.
The club, however, refused to comment on the breaking news.
Ex-Toon Boss Set To Become Beckham's New Boss!
A report on Sky Sports suggested the former Chelsea boss would take over from Frank Yallop in March.
Yallop quit the Galaxy on Sunday to return to San Jose for a second stint in charge of the Earthquakes.
Galaxy spokesman Patrick Donnelly refused to comment, which seems to suggest there is some truth in the story.