Coming off contract at Manchester United, Sancho is seeing out the season on-loan with Aston Villa.
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With Villa to pass on signing Sancho permanently, his agents have been in talks with Dortmund about a third spell with the club.
It had been suggested that former sporting director Sebastian Kehl's resignation on Monday would put the deal in jeopardy.
However, Sky Deutschland says Kehl's departure won't influence talks with Sancho and that contact is being maintained.