Portuguese outfit Benfica are ready to make a €7 million offer to land Real Madrid striker Alvaro Morata, according to reports.
The young Real Madrid striker has been linked with a loan move away from the Bernabeu in recent weeks in an attempt to get some first team action under his belt ahead of the World Cup next summer.
Both Arsenal and Tottenham have been heavily linked with the Spaniard, with both clubs reportedly looking to take him on loan.
However Spanish TV show El Chiringuito de Jugones report that Benfica have not only entered the race for his signature, but are also willing to offer €7 million to sign him permanently.
Whether Benfica will be successful with their bid remains to be seen however; Real Madrid boss Carlo Ancelotti insists there will be no departures from the Spanish giants during the January transfer window.
A loan move appears the most likely outcome, and with both Tottenham and Arsenal in need of a striker, he may well be on his way to north London.
The Gunners have been without both Olivier Giroud and Nicklas Bendtner - their only senior strikers - in recent games while stop-gap Theo Walcott filled in against Tottenham FA Cup, but then picked up a season-ending knee injury.
Tottenham meanwhile confirmed earlier today that Jermain Defoe is on his way to Toronto - meaning they only have Emmanuel Adebayor and Roberto Soldado in attack, as well as youngster Harry Kane.
Morata has only started one La Liga game this season, and played the last 10 minutes in Real Madrid's Copa del Ray clash with Osasuna last night.