SportItalia claim Palermo will sack Davide Ballardini and recall Coach Beppe Iachini.
The Sicilians have lost four of their last five games and President Maurizio Zamparini was reportedly unimpressed with their performance in the 3-1 home defeat to Fiorentina.
Sky Sport Italia claim the squad will go into a training retreat in Brescia ahead of Sunday’s game against bottom of the table Verona.
However, SportItalia report that Palermo will also fire Ballardini and recall his predecessor.
Iachini was controversially sacked on November 10, a decision that infuriated fans and several star players.
His son Kevin confirmed the news on his Facebook page with the message: "We're coming home! Only Palermo!"
It would be a particularly harsh decision to axe Ballardini, as today is his 52nd birthday.
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