Collingwood's coaching sub-committee has opted for triple-premiership Lion Craig McRae as the club's new coach.
AFL.com.au has reported that Nathan Buckley's successor will be confirmed as soon as this week, when the appointment is approved by the Magpies board.
McRae and Richmond assistant coach Adam Kingsley were the only remaining contenders to take on the top job on the weekend, but AFL.com.au has reported that Kingsley has since been told he was unsuccessful.
Sydney assistant and ex-Adelaide coach Don Pyke had already bowed out of the race, while former St Kilda and Fremantle mentor Ross Lyon had previously opted against chasing the position, citing "instability" at the club.
McRae joined Hawthorn as an assistant coach under Alastair Clarkson at the beginning of the 2020 pre-season, following stints with Richmond, Brisbane and Collingwood.
The 195-game AFL great's move to Hawthorn came under then-football boss Graham Wright, who departed for Collingwood in January and headed up the Magpies' search for a new coach.
McRae retired from the game after Brisbane's 2004 grand final victory over Port Adelaide, which completed the Lions' premiership three-peat.
The South Australian served as a development coach at Richmond between 2007 and 2009, before spending 2010 in the same role at Brisbane and joining Collingwood as development chief for five years.
McRae was appointed to coach Richmond's VFL side ahead of the 2016 season and steered his charges to a premiership in 2019.
The 47-year-old in 2020 coached Hawthorn's forward line for the club's top-tier side.
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