Gigi Del Neri will remain in charge of Juventus until the end of the season, but reports suggest the club will then move for Fabio Capello or Luciano Spalletti.
Saturday's 2-0 defeat at home to Bologna was Juventus' second in a row and leaves the Old Lady seven points adrift of the fourth and final Champions League spot.
Juventus general manager Beppe Marotta acknowledged that everyone is now "under examination", but Del Neri in particular is up for review.
This morning's Tuttosport claims Pavel Nedved was even sounded out as a prospective caretaker manager, but said 'no' to the opportunity.
Meanwhile, La Gazzetta dello Sport understands Del Neri's only chance of surviving is to win 10 of the 11 remaining games and qualify for Europe.
Otherwise, Juventus President Andrea Agnelli will contact his old friend Capello and ask if he is prepared to extricate himself from the England job a year before Euro 2012.
It's thought that Juventus would also have to move quickly to lure Spalletti away from Zenit St. Petersburg, as the Russian season starts in the middle of March.
Other candidates include former captain Antonio Conte and Andre Villas Boas, a former assistant of Jose Mourinho's who is yet to suffer a League defeat in charge of Porto this season.
Watch Serie A live in the UK on Premier Sports for just £11.99 per month including live LaLiga, Eredivisie, Scottish Cup Football and more. Visit: https://subscribe.premiersports.tv/