Javier Pastore is 90% certain to leave Palermo, according to president Maurizio Zamparini.
The Argentine starlet has been subject of much speculation surrounding his future this summer.
And president Zamparini says the player will have at least four clubs to chose from.
“There is only a 10% chance that he will stay with us," he said.
"At the moment he is in Argentina preparing for the Copa America and his agent is evaluating three or four offers - but none from Italian sides.
"I can also confirm that a foreign club made me a €50m offer yesterday.”
With Serie A elite out of the running, and Barcelona and Real Madrid chasing alternative targets, much rumoured suitors Chelsea and Manchester City lead the way for Pastore.
Chelsea are not expected to challenge Barcelona for Alexis Sanchez and are expected to lose out to Real Madrid on the signing of Neymar, leaving them open to bid for Pastore.
City, who have given up on signing Sanchez themselves, are also free to go for Pastore.
With the most recent bid standing at €50 million, even Manchester United, who have spent over £50 million this summer, would be priced out of a move for the forward, leaving Chelsea and City, who rarely shy away from splashing the cash during the transfer window, as the front runners for his signature