The meeting is reportedly scheduled to be held today (Tuesday) as Nice will have no problems meeting the Argentine’s financial demands.
Nice saw head coach Christophe Galtier join PSG this summer after just a season with the club.
Nice replaced Galtier with Favre, who previously coached the club for two years between 2016 and 2018.
With their poor start to the new Ligue 1 season, Nice have already started preparing for life after Favre as they are now set to meet Pochettino.
Nice currently sit in the 13th position on the Ligue 1 table with two wins, two draws, and four defeats so far.