Just weeks into being rehired by Spurs, Paratici is a target for Serie A crisis club Fiorentina.
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The Viola are bottom of the table and have sacked coach Stefano Pioli and seen sporting director Daniele Prade resign.
Pioli's replacement, Paolo Vanoli, is also under pressure barely weeks into his tenure.
Transfer expert Nicolo Schira is reporting Fiorentina have now opened direct talks with Paratici.
Contact was reportedly made on Friday night and Paratici is expected to make an announcement early next week.