Real Madrid presidential candidate Juan Miguel Villar Mir is attempting to lure Arsenal boss Arsene Wenger to the Bernabeu.
Villar Mir is running with former world rally champion Carlos Sainz as his sidekick, and the plan to secure Wenger as the club's new manager is integral to their plans.
The problem Villar Mir and Sainz face is persuading Wenger, 56, to talk to them about the opportunity.
But Sainz said: 'We are in the process of doing that.'
Wenger has previously insisted he will not break his contract which runs until 2008 at Arsenal.
Another likely candidate, Ramon Calderon, has targeted Juventus boss Fabio Capello to become Madrid's new manager, with the focus during the upcoming elections apparently on the coaching front rather than team strengthening.
Previous elections have seen squad building play a part, with Luis Figo recruited from Barcelona by Florentino Perez upon his election in 2000.
Perez resigned in February this year, midway through a second term, and was replaced by interim president Luis Gomez-Montejano.
Elections take place on July 2.