According to Mercafutbol the Islanders are delighted with the Andalusia-born 56-year-old, who took over from Michael Laudrup in October, 2012 and has steered them into the European spots on a limited budget with one game of the season remaining, albeit an away fixture at champions Real Madrid.
However, despite the club wanting him to continue for at least another season it is not entirely clear whether Caparros wishes to remain with Mallorca, although his representatives are understood to be on the island and ready to begin negotiations. The coach is believed to want a more hands-on role next year and the power to decide which players he will sign and which ones will be shown the exit door.
Should negotiations with Caparros not come to fruition then Mallorca could make a move for either Manuel Preciado or Manolo Jimenez. Former Sporting Gijon boss Preciado has plenty of experience in La Primera and does not have too many offers on the table after being axed at El Molinon in January after nearly six years in charge.
Jimenez, on the other hand, has done a terrific job with Real Zaragoza and has given Los Manos a realistic chance of survival going into the final game, after encountering numerous problems on his accession to the bench in place of Javier Aguirre at the end of December, 2011.
If Zaragoza do fall through the trapdoor on Sunday then Jimenez may be open to offers over the summer, but survival would more than likely see him offered a new contract at La Romareda and place Preciado in pole position.