Guus Hiddink is expected to be announced as the next Australian coach within the next 24 hours.

Hiddink confirmed that he had reached agreement with the Football Federation Australia (FFA) about coaching the Socceroos on a part-time basis, while remaining with Dutch club PSV Eindhoven.

“We have to work out some details which I proposed to them,” Hiddink told reporters after PSV Eindhoven drew 1-1 with Lyon of France to drop out of a pre-season tournament in South Korea Wednesday.

“In case that we do so, then it’s both jobs until November.

“And afterwards we have to see if they qualify for the World Cup.”

The 58-year-old Dutchman, who took co-hosts South Korea to the 2002 World Cup semi-finals, will replace Frank Farina, whose contract was terminated after Australia conceded 10 goals at the Confederations Cup in Germany last month.