Latham figured in the Wallabies' World Cup triumph in 1999, and will likely be one of the many Super 12 stars to seek a hefty European payday after October's World Cup – Queensland team-mate Daniel Herbert having already being linked with a switch to English champions Leicester Tigers.
Reports differ as to Latham's eventual destination, with The Australian newspaper linking the 32-times-capped fullback (or wing) with Zurich Premiership side London Wasps, and Ireland's Sunday Independent having him down as being in talks with Irish province Munster, who already boast ex-Wallaby back rower Jim Williams among their ranks.
Adding to speculation over a switch to Munster is the fact that Latham's old club coach Alan Gaffney is currently in charge of the Munstermen, who won the Celtic League Final last month and are still going strong in the Heineken Cup, having reached the quarter-finals.
"I'd love to come and play for Munster and have Alan as my coach again and play with the likes of Jim Williams," Latham told the Sunday Independent.
"We played club rugby together in Brisbane at Wests. I'll make a decision after the Super 12 is finished."
Latham will likely be one of a number of stars to head for foreign shores once the World Cup is done and dusted, Reds and Wallaby back rower Toutai Kefu having recently committed to a Japanese club to finish his career with.
By Mark Smith