Vlachodimos, 32, was Sevilla's first-choice goalkeeper last season and is returning from his loan spell at the Magpies, where the preference would be to generate a transfer fee for the player. The club's situation is complicated, however, by the fact that Sevilla currently have no goalkeeper under contract for next season — an unusual position for a club of their standing.
According to Estadio Deportivo, Vlachodimos has communicated his desire to return to the Sánchez Pizjuán to Newcastle, and Sevilla are using that preference as their principal leverage in negotiations for a second loan. Newcastle United's willingness to accept another temporary arrangement rather than a sale fee remains the outstanding obstacle.
Sevilla are operating in a difficult financial environment, with ownership uncertainty adding to the pressure on the sporting department to find workable solutions in the market.
The absence of any goalkeeper on contract at this stage of the window is a significant problem for a club preparing for a new season that will include European football if they can improve on last year's league position. Sevilla's failure to resolve their ownership situation has made every transfer decision more complicated, and the goalkeeping question is among the most pressing they face.
Whether Newcastle will accept a second loan rather than push for a sale will likely depend on what alternative interest exists for Vlachodimos and how much financial pressure the English club is under to raise funds from the deal.
Sevilla's resolve to fight for Vlachodimos despite their constraints reflects the urgency of the situation — they simply cannot begin a season without a goalkeeper in place.