Sevilla want to sign Nolito from Manchester City on loan with an option to buy.
City are willing to let the 30-year-old former Celta Vigo forward return to Spain but want his wages paid in full.
Sevilla struck a similar agreement over Samir Nasri last season but failed to take up their option to buy the French midfielder.
The Spanish side are soon to be coached by Eduardo Berizzo who was in charge at Celta when Nolito was there.