Portsmouth assistant manager Kevin Bond is expected to join Newcastle on Thursday as Glenn Roeder's number two, opening the door for Pompey to offer Jamie Redknapp a coaching job at Fratton Park under the wing of his father Harry.
Speculation has been rife for some time that Redknapp junior, 32, would join the staff at Portsmouth - despite the fact he currently works for Sky Sports as a football pundit and his previous connection with deadly rivals Southampton, where he spent the last season of his career before retiring through injury.
But dad Harry made the bold step back from Saints to save Pompey from relegation last term and has won over the vast majority of the Fratton fans.
He has also recently signed a new three-year contract to remain as manager and will preside over a major backroom shake-up for the new campaign.
Bond, 48, the former Southampton, Bournemouth, Manchester City and Norwich defender, is in his third spell at Pompey as a coach and followed manager Redknapp back there last December from Saints.
But he was offered only a one-year extension to his contract at the end of last season and is believed now to have the opportunity of a longer-term deal at Newcastle where Roeder, who employed him on scouting duties at West Ham a few years ago, has been appointed manager.
If Bond quits Portsmouth for Tyneside, the speculation is certain to increase over Redknapp junior being groomed as a future manager at Fratton Park.
Harry, 59, has always been careful to play down such a possibility while admitting he believes Jamie would make a good coach.
And Redknapp senior has proved before that keeping it in the family can work well. His brother-in-law Frank Lampard senior was his long-time assistant at West Ham.
And it was under his father at Bournemouth that Jamie Redknapp first launched a playing career that led to Liverpool, Tottenham and 17 full England caps.
Portsmouth are staying tight-lipped about the situation. Some reports suggest an offer has already been made to Redknapp junior but chief executive Peter Storrie said: ``We are not making any comment at the moment.''