Parramatta have reportedly approved a three-year offer worth close to $2.5 million for Jarryd Hayne to return to the NRL club.
News Corp Australia reported on Tuesday night that the Eels had rubber-stamped the offer, expected to tabled this week to Hayne's manager Wayne Beavis.
Hayne's deal would be worth around $800,000 a season - the same money which lured Kieran Foran from Manly to Parramatta.
Essentially, Foran's money would be used to attract Hayne back to his former club.
Eels administrator Max Donnelly and Parramatta coach Brad Arthur have been in discussions about the Hayne offer.
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According to the report, Parramatta have been working to ensure Hayne can be signed legally under the club's reworked salary cap. He could also attract some legitimate third-party agreements.
Donnelly was reluctant to comment on any offer but told News Corp: "Yes, the club is interested in Jarryd and it's a matter of sorting out what we have available to offer him whilst complying with the salary cap.
"I wouldn't be going there unless Brad (Arthur) wanted him (Hayne).
Earlier on Tuesday, the Nine Network reported Gold Coast and St George Illawarra were understood to have tabled multi-million dollar offers for Hayne.
Nine said the Titans were quietly confident, and the Dragons were in desperate need of good news.
The Sydney Roosters, South Sydney and Newcastle have already ruled out making an offer to Hayne, while French rugby union club Toulon continue to discuss the possibility of signing Hayne, maybe for rest of this year.
