The London club will chase the man they first targeted 12 months ago after receiving feedback that he is prepared to return to London.
An attempt to capture the former Tottenham boss ended messily when he was persuaded to stay with Ajax following a protracted tug-of-war.
Second time lucky? Fulham failed in a move for Martin Jol last summer, when he chose to stay at Ajax
But, with his stay at the Dutch giants having ended last season, he is now set to manage in the Barclays Premier League again.
Fulham's swift action will head off any likely approach for Jol from Aston Villa, as they seek to replace Gerard Houllier.
Given Fulham the boot: Mark Hughes quit his job at Craven Cottage on Thursday
Jol retains a base in the West Midlands following his time as a player with West Bromwich Albion during the early Eighties. But it is understood that the attraction of returning to the capital carries greater appeal for the genial Dutchman.
Fulham will need to make a decision on whether former boss Mark Hughes should be released early from the contract that the former Wales international ended formally on Thursday.
Hughes is officially in charge at Craven Cottage until June 30 - the day when the club kick off their next assault on the Europa League.
Clock is ticking: Fulham get their Europa League bid underway on June 30
Fulham would need to sever their ties with Hughes before appointing another boss - and also bring to an end Mark Bowen's employment at the club. Bowen, along with coaching assistant Eddie Niedzwiecki, remains in situ and Hughes' right-hand man becomes de facto manager in his colleague's absence.
The managerial chaos has had repercussions at Wigan, who are moving to cement Roberto Martinez's position. With the Spaniard also on Villa's shortlist, Wigan want to reward their former midfielder with an improved pay deal.
Fighting talk: Jol (right) was a popular figure during his spell at White Hart Lane
Wigan chief executive Jonathan Jackson believes he can persuade Martinez to stay. 'Clearly Roberto will be linked with other jobs because of how well he has done here but we all want him to stay. Roberto will end up as manager of a top club in the future but he's got a five-year plan here.'
As Aston Villa assess managerial options, one man not returning next season is free agent goalkeeper Brad Friedel.
The USA star, 40, is joining Tottenham on a two-year deal, as exclusively revealed in Sportsmail last month. Spurs boss Harry Redknapp said: 'Brad is a top goalkeeper of real quality who has great experience.'
?Mark Hughes ready to wait up to a year for the right job, says agent Kia JoorabchianShocked Senderos tells Fulham to replace Hughes fastChelsea skipper Terry wants Hughes or Hiddink as new Stamford Bridge bossDon't leave it too long! Taylor warns Lerner to name new Villa boss soon
?Explore more:People: Mark Hughes, Harry Redknapp, Martin Jol, Gerard Houllier, Roberto Martinez Places: London, Wales
Source: Daily Mail
Source: Daily Mail