Scotland and Rangers have reached agreement on compensation for Walter Smith's move to Ibrox as manager.
Taylor was upset to lose national coach Smith to Rangers
The Scottish Football Association had threatened to sue Smith and the Glasgow club after rejecting an initial offer from Rangers chairman Sir David Murray.
But Rangers say a figure has been agreed - believed to be £400,000 - and that it will be ratified by the SFA at a board meeting on Monday.
The SFA insist: "There will be no statement until after that meeting."
The failure to reach an agreement led to Smith criticising the SFA for not recognising his success as coach of the Scotland team.
SFA chief executive David Taylor had considered Smith's move to Rangers as a breach of contract as he had 18 months of his deal still to run.
But Murray complained that the SFA demands had been unrealistic while stressing that he wanted to avoid a dispute with the parent body.
Smith had offered to split his time between the national team and Ibrox until the end of the season, but said: "The SFA said to me it was one that they would not think about.
"I said I was prepared to whatever to make the change as smooth as possible, but that wasn't something they wanted to do."
Smith added that he hoped the Tartan Army would respect the job he'd done improving Scotland but denied leaving the national side in the lurch.
"If you're saying that there's only one person who can manage the team and that's me then you've got a problem," he said.
"But I think there are other people who can do the job, so I don't think you can say it's a bad day for the national team."