Real Madrid will unveil former Spain striker Raul Gonzales as their new Assistant General Manager early next month, per Spanish source AS.
Raul, who spent 16 years at the Santiago Bernabeu, will be handed the role on July 3, and will report to Florentino Perez's right-hand man Jose Angel Sanchez.
Sanchez has a hand in a lot of the club's dealings, including transfer negotiations, player contracts, economic strategy and international brand development.
Raul is said to have gained a lot of business experience living in New York over the past few years, and that - coupled with his status in the football world - makes him the right man for the job, according to Sanchez.
The 39-year-old retired from playing in 2015, ending his career with the New York Cosmos. He has since worked as an ambassador for La Liga, and also studied sports business in the U.S.
It was initially thought that Raul would take over the youth system at Valdebas following
The ex-forward made 550 appearances for Madrid, helping them win six league titles and three Champions League trophies.
He also travelled with the squad for this year's Champions League final in Cardiff, watching on as the La Liga giants beat Juventus 4-1 to claim a resounding win.