It is reported that the Football Association of Zambia (FAZ) has already approached the former World Footballer of the Year, who is understood to have expressed willingness to take up the job.
The Zambia Daily Mail newspaper reports that according to sources, Matthaus is willing to take up the Chipolopolo coaching job at a minimal monthly salary of US$30 000 (about K111 million).
Matthaus, former national coach of Hungary, captained Germany to victory in the 1990 World Cup.
Konkola Copper Mines has offered to contribute US$20 000 towards the salary of an expatriate coach for the FAZ.
Belgium-based former Zambia international Lucky Msisika and Green Buffaloes' trainer George Lwandamina have been tipped to assume the roles of first and second assistant coaches. Under-23 trainer, Peter Kaumba is also being considered as an assistant coach.
But FAZ vice-president Emmanuel Munaile said while the association would love to have Matthaus, it had no capacity to pay the German legend.
“Those are just rumours about Matthaus,” Munaile said.
Sources also disclose that Zambia was likely to play friendly matches against Chile and Romania before taking on Togo in the Africa Cup of Nations / World Cup qualifier.
“The association wants to secure high-profile friendly games for the national team before the game against Togo and they are currently talking to Chile and Romania,” the source said.