THE BRISBANE Lions coaching selection panel has been finalised, with the club now waiting to appoint its new football manager before interviews start.

The Lions have assembled a five-person panel led by CEO Greg Swann to select their new coach, with club great Simon Black joined by the club's list manager and former Hawthorn coach Peter Schwab.

Consultant and psychologist Matti Clements, who was a member of the panel that selected St Kilda coach Alan Richardson, will join the panel, with the final spot to be filled by the incoming football manager.

Adelaide's highly-rated head of football David Noble is believed to be the leading candidate to move to the Lions in the important role in a deal that would eventually see him transition into the chief executive position.

Noble is engaged in the Crows' finals campaign and is not expected to be interviewed for the Lions' football manager position until Adelaide's season is over.

As such, the Lions will not start interviewing coaching candidates until their panel is completed.

Hawthorn football manager Chris Fagan has been flagged as a favourite for the position, while Carlton assistant coach and Level Four graduate John Barker is considered a front-runner.

Now departed Western Bulldogs assistant Brett Montgomery is expected to be an applicant for the role.

Highly-touted assistant Stuart Dew is not expected to apply for the job, and is committed to seeing out his contract with the Sydney Swans until the end of 2018.