Although nothing has been confirmed yet, McManus - who bought Turners Novices' Hurdle second-fav The New Lion - already owns market leader Its On The Line, who finished second in the Hunters' Chase last year.
He was last seen disposing of the ex-Willie Mullins-trained Festival regular Ramillies by three lengths in a Hunters' Chase at Thurles in Ireland last month.
The ex-jockey, who has a reputation for putting up Festival winners at a price, said: "I thought Willitgoahead bolted up in the Hunter Chase at Thurles and I'd love a bit of 14-1 about him for the big one at Cheltenham.
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Owned by former Spice Girl Geri Halliwell and F1 boss husband Christian Horner, the pair went crazy celebrating his win at Warwick last month.