diff --git a/monitor.c b/monitor.c
index 66f149c1dc..d39390c2f2 100644
--- a/monitor.c
+++ b/monitor.c
@@ -708,9 +708,14 @@ static void monitor_qapi_event_init(void)
 
 static void handle_hmp_command(Monitor *mon, const char *cmdline);
 
+static void monitor_iothread_init(void);
+
 static void monitor_data_init(Monitor *mon, bool skip_flush,
                               bool use_io_thread)
 {
+    if (use_io_thread && !mon_iothread) {
+        monitor_iothread_init();
+    }
     memset(mon, 0, sizeof(Monitor));
     qemu_mutex_init(&mon->mon_lock);
     qemu_mutex_init(&mon->qmp.qmp_queue_lock);
@@ -4461,15 +4466,6 @@ static AioContext *monitor_get_aio_context(void)
 static void monitor_iothread_init(void)
 {
     mon_iothread = iothread_create("mon_iothread", &error_abort);
-
-    /*
-     * The dispatcher BH must run in the main loop thread, since we
-     * have commands assuming that context.  It would be nice to get
-     * rid of those assumptions.
-     */
-    qmp_dispatcher_bh = aio_bh_new(iohandler_get_aio_context(),
-                                   monitor_qmp_bh_dispatcher,
-                                   NULL);
 }
 
 void monitor_init_globals(void)
@@ -4479,7 +4475,15 @@ void monitor_init_globals(void)
     sortcmdlist();
     qemu_mutex_init(&monitor_lock);
     qemu_mutex_init(&mon_fdsets_lock);
-    monitor_iothread_init();
+
+    /*
+     * The dispatcher BH must run in the main loop thread, since we
+     * have commands assuming that context.  It would be nice to get
+     * rid of those assumptions.
+     */
+    qmp_dispatcher_bh = aio_bh_new(iohandler_get_aio_context(),
+                                   monitor_qmp_bh_dispatcher,
+                                   NULL);
 }
 
 /* These functions just adapt the readline interface in a typesafe way.  We
@@ -4624,7 +4628,9 @@ void monitor_cleanup(void)
      * we need to unregister from chardev below in
      * monitor_data_destroy(), and chardev is not thread-safe yet
      */
-    iothread_stop(mon_iothread);
+    if (mon_iothread) {
+        iothread_stop(mon_iothread);
+    }
 
     /* Flush output buffers and destroy monitors */
     qemu_mutex_lock(&monitor_lock);
@@ -4639,9 +4645,10 @@ void monitor_cleanup(void)
     /* QEMUBHs needs to be deleted before destroying the I/O thread */
     qemu_bh_delete(qmp_dispatcher_bh);
     qmp_dispatcher_bh = NULL;
-
-    iothread_destroy(mon_iothread);
-    mon_iothread = NULL;
+    if (mon_iothread) {
+        iothread_destroy(mon_iothread);
+        mon_iothread = NULL;
+    }
 }
 
 QemuOptsList qemu_mon_opts = {