The German has his eyes on possible vacancies at England and Chelsea but neither Roman Abramovich nor the FA could land Klinsmann for less than £5million a year.

Ex-Tottenham striker Klinsmann, 43, based in California, has been out of work since leading Germany to last year's World Cup semi-finals but is ready to return to management.

The appointment of a German to manage England would always be a controversial decision, especially as his only experience of competitive management came at the World Cup finals in his homeland.

But with former Chelsea boss Jose Mourinho not interested in the chance to succeed Steve McClaren, Klinsmann will become a leading contender when FA chief executive Brian Barwick starts to look for a new manager as soon as England's Euro 2008 fate is sealed.