Liverpool midfielder Joe Cole is having a medical at West Ham ahead of his proposed return to the club where he began his career, Press Association Sport understands.
Cole has started just nine Barclays Premier League games since he swapped Chelsea for Liverpool in the summer of 2010.
The midfielder has played the majority of his games with the Reds in cup competitions and was sent out on loan to Lille last term.
Reds boss Brendan Rodgers deemed the 31-year-old surplus to requirements when he took over last summer and Cole is keen to go back to Upton Park, where he began his career back in 1994.
Cole will have a medical at West Ham today and the London club hope to have him registered before midday tomorrow so that he can play in Saturday's FA Cup clash against Manchester United.
West Ham will not pay a transfer fee for the England international as Liverpool are prepared to cancel his contract.
The Merseyside club would also pay him a negotiated settlement in order to get his estimated £100,000-a-week salary off the wage bill.
Harry Redknapp, who managed Cole at West Ham, was keen to bring the player to QPR, but the Londoner has instead opted to return to his boyhood club.
"I lost Joe who would have been my first signing. He probably looked here and thought 'Harry I love you but you're not going to stay up'," Redknapp said last night following his team's shock 1-0 win at Chelsea.
"I like Joe and he would have been good for me. He's West Ham and they love him there. I thought he was coming for sure but West Ham came in today.''
Yossi Benayoun, meanwhile, has returned to his parent club Chelsea, the Hammers confirmed this morning.
Benayoun joined West Ham on loan at the start of the season but his spell has been plagued by injuries and the midfielder has now gone back to Stamford Bridge.
"West Ham United can confirm that the loan of @YossiBenayoun15 has ended and he has returned to @chelseafc," a statement on West Ham's Twitter feed read.
"The club would like to thank Yossi for his efforts during his second spell with the Hammers and wish him the best of luck for his future career."
Benayoun made six appearances under Sam Allardyce during his second spell at Upton Park, having previously been with the club from 2005 to 2007.