Long-time Liverpool target Sergio Canales has been linked with a move to Arsenal and Manchester City, according to the Sun.
The Real Madrid midfielder has been out of favour at the La Liga runners-up all season.
And the highly rated 20-year-old is interesting a tiro of Premier League sides, which include Arsenal, Liverpool and City.
As the club have put a winger at the top of their transfer wish list, Liverpool have led the way in the race for Canales for some time.
However, given their decline in the title race and Arsene Wenger's craving to re-energise his Arsenal midfield with Cesc Fabreags' future still uncertain has drawn him to Canales.
City meanwhile has suggested that they won't spend big this summer and will instead bring in squad players as they look to build a roster of players capable of challenging for the title, and Canales at £7 million, would fit their criteria.
Arsenal and City will next season be able to offer Canales Champions League football, however Liverpool, despite their illustrious history in the competition, will have no European football to offer potential signings.