If true, the latest developments mark the beginning of a series of significant changes at Goodison Park this summer that may include a new director of football in the form of Marcel Brands, the departure of the club's highest earner in Wayne Rooney, and a new chief executive.
The 63-year-old is due to meet Everton majority shareholder Farhad Moshiri for talks this week, and sources said both parties are expected to agree to a parting of ways.
Wayne Rooney has been linked with a move away from Everton, but where could he go next?
However, it looks like there will be an update this week, with Allardyce adding on Sky Sports' Season Review - Managers Special: "It's moved on with his representative and the board from here, which I believe may be Wednesday".
Everyone knows how a Sam Allardyce team plays, and it's not always easy on the eye.
These satellite images show how lava has seared neighborhoods in Hawaii
A plume of red ash rose from the volcano's Pu'u 'O'o vent high into the sky over the island, according to photos on social media. Fissure 17, which had put out a flow more than a mile toward the ocean, has not advanced since Tuesday, they said.
OnePlus 6 launched: features Snapdragon 845, OIS-enabled camera, glass-back
The company also managed to throw another surprise when it launched a second product, the OnePlus Bullets Wireless headphones. The OnePlus 6 primary camera uses IMX 519 image sensor that is around 19 per cent bigger than the sensor in 5T.
BSF trooper killed in ceasefire violation
The jawan, later identified as constable Devendra Singh was rushed to Military Hospital but died of his bullet injuries. Prime Minister Modi is scheduled to arrive in Jammu and Kashmir on May 19.
Allardyce secured an eighth-place finish for Everton in the Premier League after just two defeats in their final nine league matches. With a year left on his contract, Allardyce can expected a handsome payout to ease the parting blow.
Two months later, after a downturn in results, Silva was sacked by Watford, who released a statement saying that an "unwarranted approach by a Premier League rival" had effectively destabilised the 40-year-old and, as a outcome, their season.
"They'll still continue to make it up that we've had a row, and that he's walked out on me, or that I've had a row with him and all that".
"They have always been a club that get behind their players and their manager."
"The season is finished and I am going to have a meeting with Farhad [Moshiri, the club's leading shareholder] this week and then I will go on my holidays".