When Mourhino was talking about "being where people love me to be" I took that to be nothing more than him saying that he wants to be at a club that actually wants him, as opposed to Real (whom he believes) which doesn't want him. I certainly did not take that as any kind of hint that he will be returning to CFC, and any CFC fan who reads more into it is desperately clinging to straws that aren't even there.
I was listening to an interview on radio yesterday, and there was a journalist who was saying that the big speculation is that PSG are making a massive move for him, but that £ity is also interested. Both of these clubs would "love" to have The Special One (and can afford him), and that is more likely what he was referring to.
My own view is that he'd probably rather stay at Real for at least one more season because he has unfinished business, after a dreadful season (especially domestically). His comments are more than likely a plea to the hierarchy at Real to get behind him and give him a chance to redeem his reputation there, and he's using the interest from abroad (both here and in France) as a stick to beat them with.