Manchester United are considering a move for Olympiakos right back Vasilis Torosidis reports the Daily Mail.
The 26-year-old Greek international has been monitored by the reigning Barclays Premier League champions for the past 18 months, and could now make a January switch to England.
Torosidis has a £6million buy-out clause written into his current contract, but Olympiakos' precarious financial situation, and the need to generate funds could mean that United will offer less than that.
Manchester United scouts were present for Olympiakos' 0-0 draw with Doxa Drama on Sunday night, and will make a decision over the next few days whether to follow up their interest with a bid.
So far the only business conducted by the club this transfer window is the return of United legend Paul Scholes, whom Ferguson coaxed out of retirement prior to Sunday's FA Cup victory over local rivals Manchester City.
Scholes has signed a short-term deal until the end of the season, and will play a bit-part role in the club's title run-in between now and May.