The former Bournemouth boss has been the number one target for the Parkhead club since the departure of Neil Lennon in February.
Talks have been taking place across the past few months, with Howe reportedly agreeing to step into the role, but contractual obligations at his previous club, and his hopes of luring some of his old Bournemouth backroom staff, have delayed his appointment.
With reports suggesting Howe could be announced this week, we take a look back at his signing record at Bournemouth, where he spent around £250m in his second spell in charge, which included promotion to the Premier League and five years in the top flight before relegation and his departure last year.
Here we rate his 12 most expensive signings as either hit or miss. It’s fair to say it is a mixed bag …
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1. Jefferson Lerma - £25
The Colombian international joined the Cherries in 2018 from Levante for a club record fee which raised eyebrows. Has established himself as a fan favourite due to his tough-tackling, no-nonsense style of play although has had disciplinary issues. Verdict: HIT Photo: Mike Hewitt
2. Nathan Ake - £20m
Arguably Eddie Howe's best bit of business at Bournemouth. Signed the Dutch centre-back from Chelsea in 2017 for a then club record fee of £20m. Was a star performer for the Cherries who then doubled their money three years later, raking in £40m from Man City. Verdict: HIT Photo: Steve Bardens
3. Dominic Solanke - £19m
Signed from Liverpool in January 2019, it took the striker 18 months and 39 appearances to net his first Premier League goals for the club. Was unable to provide the firepower to prevent the relegation but has been more prolific in the Championship this term. Verdict: MISS Photo: Mike Hewitt
4. Jordon Ibe - £16m
Signed from Liverpool on a four-year contract in the summer of 2016 but took the striker until January 2018 to open his Bournemouth account. Managed only 4 league goals in 78 appearances and was released following relegation to the Championship. Verdict: MISS Photo: Marc Atkins