Brazilian playmaker Rivaldo has agreed personal terms on a move to Bolton, according to his agent.
However, a spokesman for the Premier League club would not confirm that a deal had been struck.
“That is what his agent has said. As far as we are aware at the club nothing has changed,” said the spokesman.
The 32-year-old is a free agent having left Brazilian club Cruzeiro in March. Provided the deal goes through, Rivaldo could make his debut for Bolton as early as Sunday when Bolton face Leeds.
Rivaldo held talks with Bolton manager Sam Allardyce and chairman Phil Gartside earlier this week before returning to Brazil on Tuesday.
The Bolton boss told his club’s website: “We’ve been successful in the past with talks with Youri Djorkaeff, Jay-Jay Okocha and Ivan Campo and we can be successful again.
“It would show there is no-holds-barred in our ambition to make the team better.
“It would show we have no problem dealing with the top end players, world-class players.
“Ultimately there is a point where if you want to get into the top half, you may have to go a bit beyond what you really want to do financially,” he added.