Xisco Munoz is set to be appointed the new manager of Watford, Football Insider can exclusively reveal.

The Spaniard, 40, has been offered the vacant post by the Hornets hierarchy after Vladimir Ivic was sacked yesterday after just four months in charge.

His dismissal came as a shock with Watford sitting fifth in the Championship table, just four points off the automatic promotion spots.

A source at Vicarage Road has told Football Insider that Munoz has agreed to accept the position with terms being finalised today and an announcement imminent.

He is available after standing down as manager of Dinamo Tbilisi earlier this month despite guiding the Georgian side to their domestic title.

Munoz scored 110 goals during an illustrious playing career at the likes of Valencia, Real Betis and Levante.

Subscribe to Football Insider TV now

However, he is a relatively inexperienced manager, Dinamo Tbilisi the only club he has taken charge of.

Watford are looking for their fifth permanent manager in just over a year as they look to bounce back to the Premier League at the first time of asking.

The club have sacked Javi Gracia, Quique Sanchez Flores and Nigel Pearson in the last 12 months, with former player Hayden Mullins having also taken temporary charge.

The 2-0 loss against Huddersfield yesterday was their fourth league loss of the campaign.

Munoz’s first game in charge of the Hornets ie likely to be against top-of-the-table Norwich City, the visitors having won their last five games in all competitions.

In other news, Leeds tipped to rival Newcastle United in pursuit of Manchester United star in January.