Espanyol have reached an agreement with Quique Sanchez Flores that will see him become the club's new coach on a three-year contract.
Flores has decided to return to his native Spain after one season in England, where he managed Watford on their return to the Premier League.
The 51-year-old managed to keep the Hornets in the top flight as they finished eight points above the relegation zone in 13th place.
But despite also taking the club to the FA Cup semi-finals, he announced his decision to leave Vicarage Road just days after the season had concluded.
Flores was linked with the managerial vacancy at former club Valencia, where he spent 10 years as a player, but La Liga rivals Los Periquitos have secured his services.
A statement from the Catalans read: "Quique Sanchez Flores will coach Espanyol the next three seasons after the agreement reached in the recent hours between the coach and the club.
"Sanchez Flores will be presented next Monday, June 13th, at 1200 hours in the auditorium of the RCDE Stadium.
"As Angel Gomez, sporting director of the entity, Quique Sanchez Flores will sign for three seasons consolidating the beginning of Espanyol’s sports project in this new and exciting stage for all our fans.
"In the next few days the club will confirm Sanchez Flores' staff. RCD Espanyol is proud to incorporate a successful coach and so prestigious to lead the first team in this new project."