The 57 year old music mogul is eager to extend his professional relationship with the 19-year-old singer, who recently walked away from Fifth Harmony, who are signed to Simon's Syco Music label, according to The Sun Online.
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Meanwhile, her former bandmates: Ally Brooke, Normani Kordei, Dinah Jane and Lauren Jauregui have already confirmed their intention to continue as a four-piece group.
In a recently released statement, the group said: "After 4 and a half years of being together, we have been informed via her representatives that Camila has decided to leave Fifth Harmony. We wish her well.
"You Harmonizers have been there with us since the beginning, you've supported us, you've rejoiced and cried with us, you've grown with us, and with your love and support, we will continue on.
In a statement posted on their Instagram account, the 'Worth It' hitmakers wrote: "Over the past several months, we have consistently made every effort to sit down and discuss the future of Fifth Harmony with Camila. We have spent the past year and a half, since her initial solo endeavor trying to communicate to her and her team all of the reasons why we felt Fifth Harmony deserved at least one more album of her time, given the success of this past year that we'd all worked so hard for.