Manchester United are reportedly ready to enter negotiations with Antonio Valencia over a new contract.
The 25-year-old winger has been in quite sensational form since his return to the fold after an horrific broken ankle led to six months on the sidelines.
No performance from the Ecuador international has been so devastating as his display against Chelsea at Old Trafford last Sunday, where he ran Ashley Cole completely ragged on the right flank.
Now, according to The Sun, the United wideman is being pursued by Barcelona, Real Madrid and both Milan clubs; hence Sir Alex Ferguson's desperation to tie Valencia down to a long-term deal.
"Valencia has been brilliant since coming back from his injury and United want to get him sorted with a new contract," an Old Trafford insider allegedly told The Sun.
"But there are lots of other clubs showing interest and he knows he's in a healthy position."
Valencia moved to Old Trafford in 2009 after United agreed a deal in the region of £16 million with Wigan.