Paratici had been with Tottenham since 2021, but the decision was made to part ways with him at that time.
Now that his suspension has ended on July 1, Paratici and Tottenham are in advanced talks about him returning to his role. He has also been in conversation with AC Milan in recent weeks.
It is expected that if he returns, Paratici will take on a position that will work alongside sporting director Johan Lange, who will also remain with the team.
Paratici has maintained a presence at Tottenham games since March this year.