Preki, one of those linked with the vacant manager's job at Leicester City, is on his way to take up a coaching position in the UK.
With speculation growing that Preki will become the next Leicester City manager, Sacramento Republic have confirmed the Serbian has accepted a job in the United Kingdom.
The odds on the 52-year-old former winger, who played for Everton and Portsmouth in the 1990s, becoming the new boss at the King Power Stadium were cut on Wednesday.
And he appeared to take one step closer to being named as Nigel Pearson's replacement after revealing that he is set to take up an opportunity in the UK that would see him "challenge myself at the highest level of the game".