What happened: Ajax are moving to appoint La Liga coach Michel Sanchez as their next manager, with the deal reported to be one step closer to completion. The move follows the club confirming the exit of their current manager. Yahoo Soccer reports Ajax are shopping in Spain for the hire.

Why it matters: Michel built his reputation by guiding Girona into the Champions League just two seasons ago, one of the standout achievements in recent La Liga history. Landing a coach with that profile would signal Ajax's intent to reset on the touchline and return the Eredivisie giants to European relevance.

What to watch: Watch for official confirmation from Ajax on the appointment, along with terms of the deal and Michel's backroom staff.