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While a deal remains uncertain, the development represents a major milestone in the efforts of Sheikh Jassim - the son of Qatar's former prime minister who is one of the richest men in the Gulf state - to take over the iconic sports brand.
Manchester City not only won their first European trophy since claiming the now-defunct European Cup Winners' Cup in 1970, they also became only the second English team to win a treble of Premier League, FA Cup and Champions League
Ilkay Gundogan scored a brace as City defeated United 2-1 in the final.
Argentine Pochettino, 51, will take over from interim boss Frank Lampard on July 1.
Three-time European champions United, who failed to qualify for the Champions League last season, are third on 72 points with one game remaining.
Chelsea sportingly gave the City players, who had watched the Arsenal game together the previous evening, a guard of honour before kickoff while thousands of fans rushed onto the field after the final whistle.
City won with three matches remaining after Arsenal suffered a 0-1 defeat to Nottingham Forest.
With Inter Milan awaiting in the final, City will now be huge favourites to finally deliver the trophy Abu Dhabi's Sheikh Mansour has craved since buying the club in 2008, having lost to Chelsea two years ago
The Gunners produced a laboured display against the crafty south coast club and were outplayed after the break.
Leeds defender Rasmus Kristensen's second-half equaliser denied Newcastle the victory that would have all but assured them a place in next season's Champions League.