Leeds United chief Victor Orta is meeting with Rayo Vallecano coach Andoni Iraola today.
Orta updated the players of the managerial situation at Thorp Arch earlier today before heading to Spain to work out an agreement, says the Daily Mail.
Iraola is believed to be a key target for Leeds after they sacked Jesse Marsch earlier this week, as the Spaniard has led Rayo Vallecano to fifth in La Liga.
Feyenoord manager Arne Slot has also been proposed to the club and has quickly been installed as the bookmakers' leading favourite.
Ex-Leeds assistant and under-23s head coach Carlos Corberan has dropped out of the running by penning a new long-term deal at West Brom.