The Wallabies and Queensland Reds can start planning for life after Quade Cooper, with the five-eighth set to sign a two-year deal with French Top 14 giants Toulon.

Cooper had been in talks with the Top 14 glamour club and reportedly liked what he saw during a visit to France this week. French paper L'Equipe on Tuesday night reported that the deal was done, however Fairfax Media understands that the contract has not been finalised yet but is likely to happen soon.

Reds veteran Quade Cooper. Credit:Getty Images

Cooper's manager Khoder Nasser had been involved in advanced talks with Toulon and a tour appears to have made up Cooper's mind in a move that will rob the Reds of a member of the fabled 2011 championship side.