Arsenal and Manchester United are two of the clubs vying for the signature of Paulo Henrique Ganso.
The Brazilian starlet has earned admiring glances from a number of top clubs across Europe, with Arsenal boss Arsene Wenger thought to be one of those monitoring the player.
Manchester United manager Sir Alex Ferguson is also thought to be keen, and has previously gambled on Brazilian youngsters with mixed success. Current midfielder Anderson would be one of the positives.
Sport.co.uk claims Ferguson was close to completing a deal for Ganso in August 2010, but failed to bring the player to Manchester United despite offloading Ricardo Possebon to Santos.
"I am injured and a big European team wants me - the world champion wants to count on me," said 21-year-old Ganso.
“Meanwhile, Santos practically doesn't value me. It's almost funny. Unfortunately it happened and things have been hard. I'm upset for not be valued by the club to which I devote myself with such pleasure.”
Arsenal are renowned for getting the best out of young talent at the Emirates, and are keen to add Ganso to their list of rising young stars in the academy and youth setup in north London.
Inter Milan, Real Madrid, Manchester City and Chelsea are also thought to be keen on the highly-rated player, who has been compared to Zinadine Zidane for his flair and style.
It is Manchester United who are thought to be one of the frontrunners for the player though, and the Red Devils could capitalise as contract negotiations continue to stall at Santos.
The Gunners are unlikely to let the player move without a fight though, and if problems continue to persist in South America don't be surprised if Arsenal make a move for the player.