Martin Jol has told Ajax he wants to become Fulham boss but the Dutch club are refusing to discuss a compensation package it is understood.
Jol is said to be “excited” about joining the Premier League side and has informed them of his intention to sign.
Reports in the Netherlands claimed the 54-year-old ex-Tottenham manager had agreed to stay with Ajax in principle.
While Fulham believe this is not the case, Ajax are refusing to negotiate and the two clubs are at an impasse.
Fulham chief executive Alistair Mackintosh is in Amsterdam attempting to break the deadlock and the Cottagers remain hopeful of landing their number one target.
Last season’s Europa League runners-up have been without a manager since Roy Hodgson joined Liverpool on 1 July.
Ray Lewington was placed in temporary charge and remained at the helm as Fulham departed for their pre-season tour to Sweden on Monday.
The intention was for Jol be unveiled before Thursday’s friendly against Halmstads and begin his duties with immediate effect, but Ajax’s resistance may cause a delay.
It was reported on earlier on Tuesday that Jol, having indicated his desire to return to the Premier League following talks with Mackintosh, had performed a U-turn.
He was said to have had second thoughts after Ajax bowed to his demands on keeping hold of star players and providing funds for new signings.
Jol had been told he was not able to make summer acquisitions until Netherlands right-back Gregory van der Wiel and Uruguay striker Luis Suarez had departed to free up finances.
There were also suggestions that Dutch international goalkeeper Maarten Stekelenburg could leave the Amsterdam Arena.
When Jol quit Hamburg for Ajax in 2009 he made it his main mission to win the Eredivisie title for the first time since 2004 and brought in a number of his own staff, so he is thought to feel a responsibility to the four-time European champions.
Fulham owner Mohamed Al Fayed is reported to have offered Jol, who was sacked by Spurs in 2007 and still owns a house near London, a rolling contract, a bonus-related salary and a significant transfer budget to succeed Hodgson.
Ivory Coast coach Sven-Goran Eriksson had also been linked with the vacancy at Craven Cottage.
United States coach Bob Bradley and Switzerland’s Ottmar Hitzfeld were other names in the running.
Eriksson is thought to have held talks with Fulham but the Swede revealed last week that he was considering a lucrative offer to stay on as Ivory Coast head coach.
Hitzfeld then ruled himself out of contention and a statement from the United States Soccer Federation outlined its intention to extend Bradley’s contract.
Although Fulham reached the Europa League final in May, Ajax will be playing Champions League football in September providing they come through qualifying.
They were pipped to the Dutch league title last season by FC Twente, who were managed by former England boss Steve McClaren.