Jarryd Hayne will reportedly sign a two-year NRL deal with the Gold Coast.

The Titans announced early Wednesday morning they would make a major club announcement at 10.30am.

Hayne has not played in the NRL since he left Parramatta to try his hand at the NFL at the end of 2014.

However he is set to return with league’s youngest club, according to the Nine Network.

The reports come after Fairfax Media suggested the Titans were willing to offer the former representative star a deal worth $1.2 million a season with third-party components included.

That offer would trump one Parramatta were believed to have been preparing, which weighed in at $800,000 a season over three years.

The signing would be a major coup for the Gold Coast, who still have significant salary cap space left after missing out last year on luring halfback Daly Cherry-Evans when he walked out on a lucrative deal.