Gold Coast assistant coach Ken Hinkley will take over as senior coach at troubled AFL club Port Adelaide.
It is believed both parties agreed to a deal this afternoon, with a formal announcement expected on Monday.
Hinkley's appointment ends a tumultuous period for Power, whose preferred choice Leon Cameron opted to take a role at Greater Western Sydney where he will take over from Kevin Sheedy in 2014.
Hinkley flew to Adelaide on Thursday for an interview with Port Adelaide.
The Power finished 14th this season and have ongoing financial problems.
Also on Thursday, the Power decided not to challenge Richmond's free agency bid for defender Troy Chaplin.
That came a day after the Power decided against matching Fremantle's offer for utility and fellow restricted free agent Danyle Pearce.
The losses, coupled with the coaching predicament, forced the club's chief executive to post a message on the their website.
He admitted they were about a week to 10 days behind schedule, but suggested it was unavoidable.
"Far from being farcical, our process has been very diligent," Thomas said.
"In the overall scheme of things its a bit frustrating, but not a big issue.
"Leon Cameron's decision was a disappointment I must say - he was really impressive ... he certainly would have been a strong contender.
"The list (of candidates) is strong and has actually strengthened as the process has unfolded."