Sources have confirmed to Goal USA that the 69-year-old former England national team manager is in discussions with New York City FC ownership to take over as the club's new head coach.
Capello would replace current NYCFC head coach Jason Kreis, who has been rumored to be on the hot seat as the club's Manchester-based ownership seek a high-profile option to help NYCFC improve on a disappointing first season in MLS.
The ties to New York City FC are easy to see, with Capello having previously worked with Frank Lampard during his time with as England's coach. Capello also came close to signing Andrea Pirlo when he was the manager of Real Madrid.
NYCFC is believed to be entertaining the idea of a coaching change despite the fact Kreis just finished his first season in charge of the expansion club. An MLS Cup winner with Real Salt Lake in 2009, Kreis is one of the most respected young coaches in American soccer, but he was unable to lead NYCFC to a successful first season, with the club finishing tied for the third-worst record in the league, finishing seven points behind fellow expansion side Orlando City.
Former Arsenal legend Patrick Viera has been linked to the NYCFC coaching job, though sources tell Goal USA that the chances of Viera taking the job are slim.
Capello's interest in a move to MLS could expedite a coaching change in NYCFC, though Kreis wouldn't be likely to stay unemployed for very long. It should also be noted that NYCFC isn't the only potential destination for the Italian manager, with sources telling Goal USA that at least two other MLS teams have been in contact.
Fired from his post with the Russian national team back in July, Capello has spent the past eight years coaching national teams; first with England before spending three years with the Russian team. Prior to that, Capello enjoyed a storied club coaching career, with multiple stints at AC Milan and Real Madrid, as well as time with Juventus and Roma.