The 57-year-old Englishman, who coached Thailand from 2008 to 2009, has emerged as one of the leading men to replace former coach Datuk K. Rajagopal. Ex-Japan coach Philippe Troussier was previously set to sign on, but negotiations collapsed over the failure to agree personal terms.
FAM secretary-general Datuk Hamidin Mohd Amin indicated that talks with Reid have been held.
“Yes, Peter Reid is one of the candidates that we have in our list and we also have interviewed him recently," he told Astro Awani.
“Peter Reid is one of them because we are searching for the best one in the business,and if we also fail to reach an agreement with him, we are going to continue searching for the best coach around to coach the team."
Apart from Reid, another candidate is former France international and World Cup winner Marcel Desailly, who has expressed his interest and held talks with the FAM as well.The Tigers are currently being helmed by interim coach Ong Kim Swee, who led them to an impressive 2-1 victory over Yemen in their final 2015 AFC Asian Cup qualifier on Wednesday, although they failed to qualify for the tournament proper.