Sevilla president Jose Castro has confirmed that negotiations have begun with Monchi about him returning to the Ramon Sanchez Pizjuan in his former role as sporting director.
Monchi, who played for Sevilla, became the club's sporting director in 2000 and remained in the role until April 2017, which is when he left for a new challenge at Roma.
On 8 March 2019, though, he and the Giallorossi decided to mutually part ways after a difficult season, allowing the Spaniard to become available for a new role.
"He is very receptive," Castro said in relation to Monchi.
"I hope that soon [everything] will be closed."
The two parties - Sevilla and Monchi - were negotiating on Friday, according to Radio MARCA Sevilla.
If nothing changes, it will be a matter of hours or days for the two to reach an agreement.
This all comes after Pablo Machin was dismissed as Sevilla head coach on Friday morning, which meant that Joaquin Caparros - who became sporting director in the summer after taking temporary charge of the side until the end of last season - is back in the hotseat.
"Joaquin will stop being the sporting director to become the coach and Sevilla are working on bringing in a new sporting director," said Castro.
"We understand that the best [option] is Monchi and we have begun negotiations with him. He is very receptive.
"We have to agree on the future plans [for Sevilla], and both parties are optimistic [of a deal being closed]."
Caparros is in favour of Monchi taking over once again, too.
"It's very important that Monchi returns," he stated.
"[He would be] a point of reference for the last few years at the club.
"He understands the organisation of the club perfectly, the club's philosophy, and all of the supporters.
"It would be a wise move by the president and the board [to bring Monchi back]."