Generally teams don’t go as far as agreeing compo unless they have some indication that the manager has interest in the move.
I know officially it’s meant to be the case of doing that first but rarely happens that way nowadays.
Being Irish, you do wonder who his agent is. Is it the usual agents that seem to hang around the club doing another ‘favour’ and he’s already been tapped up?
Hope for their sake they insist on money up front.