It is claimed the former Watford manager could earn £3.5-million-a-year at Stoke City.
Craig Bellamy has delivered a brilliant verdict on who will decide the direction Stoke City will go in for their new manager.
The former Stoke City boss left West Bromwich Albion in November.
Aston Villa have failed with a bid for Stoke City midfielder Glenn Whelan.
Stoke City's season has been very much hit and miss and a statistic which emerged this week is a sad indictment on the English game.
Businessman Peter Coates first became Potters' chairman in 1989 and later returned for a second stint in 2005.
Everton are reportedly interested in Stoke City winger Marko Arnautovic
Walters reportedly handed in a transfer request before the summer deadline after a dispute over his contract.
Shawcross is likely to miss the opening day of the season against Liverpool.
Stoke seem keen to give their manager and goalkeeper new contracts. Tottenham and Inter Milan are said to be interested in Begovic.