Moscardo, 20, spent last season on loan at Sporting de Braga, where he made 39 appearances and accumulated around 1,500 minutes, operating both as a holding midfielder and a central defender. The Brazilian is considered a versatile option who could address multiple positions in Espanyol's squad.
Monchi confirmed significant movement in the market upon his arrival, with the ambition to reinforce across every position. The sporting director has already ratified head coach Manolo González for another season after a campaign that saw Espanyol fight well in the first half before fading dangerously close to the relegation zone in the second.
A loan for Moscardo would give the club access to a PSG-owned player with first-team experience at a competitive European level, fitting the recruitment profile Monchi is working toward as Espanyol bid to have a more consistent 2026/27 campaign.
For PSG, loaning Moscardo to Espanyol continues a pattern of sending the Brazilian on to clubs where he can build experience before a potential return to Paris. Sporting de Braga gave him consistent minutes in a competitive European league; Espanyol in the Primera División would represent another step forward at a club with ambitions of stabilising in the top half of the table.
The deal has not been confirmed, but the advanced nature of the talks as reported by Benito suggests both clubs are close to an agreement. Monchi's track record of moving quickly in the market makes a swift conclusion likely if the personal terms can be agreed.