Espanyol suffered relegation to the Segunda Division at the end of the 2019/20 season, alongside Leganes and Real Mallorca.
The Catalan side had no less than four different managers during the campaign, finishing the season with Francisco Rufete as caretaker boss after sacking Abelardo Fernandez with five games to go.
A failure to improve form, Espanyol finished bottom of the La Liga table and they have now moved to bring in Vicente Moreno, who was has now left his role as Mallorca boss following their relegation to Spain's second tier.
Moreno played a massive role in Mallorca rise to La Liga last term, but struggled to keep them in the top flight, finishing 19th in the final standings.
Espanyol confirmed the move via their official website and Twitter account.
Deal signed until 2023
With confirmation of the deal, Espanyol confirmed that the 45-year-old had signed a deal that would run until the summer of 2023.
Further to the announcement of his deal and contract length, the club confirmed that the coach would be presented on Wednesday afternoon in the Juan Segura Palomares Auditorium of the RCDE Stadium.
Segunda preparations begin for Espanyol
With the end of the 2019/20 season bringing disappointment for Espanyol, Vicente Moreno will now look to build a squad capable of gaining promotion back to La Liga.
With the Segunda Division set to begin on September 12, Espanyol have already seen both Ander Iturraspe and Naldo both depart the club.