After the club picked up a 1-1 draw in the GladAfrica Championship match against Free State Stars over the weekend, Mogale's future looks insecure.
His departure from AM would come as a big shock after he helped the club climb to a respectful position on the log after a poor start this season.
The Durban-based side are currently lying fifth on the log on 33 points, five points behind log leaders Richards Bay.
According to a source very close to Royal AM, Mogale's exit is as good as done.
"Floyd Mogale is going. In fact, the club is expected to release a statement in the next 24 hours," the source tells snl24.com/kickoff.
"It's still unclear why the coach is leaving. The truth will come out soon."
Royal AM CEO Sinky Mnisi sounded cagey when asked him about the future of the coach.
"I have not spoken to Kick Off. I will not do that. Please ask the coach."