Real Betis star Fabian Ruiz is attracting interest from Newcastle United, Barcelona and Arsenal.
Spanish outlet El Confidencial claim that the 21-year-old midfielder is currently under contract with the Spanish club until 2020.
He has a release clause at present of £13million, the report claims.
Betis want to extend his current terms and insert a new, higher, release clause.
So the Magpies, Gunners and Barca will need to move quickly to acquire the starlet.
West Ham, Everton and Chelsea have also apparently been watching Ruiz regularly.
Newcastle could also break their transfer record to sign Feyenoord forward Nicolai Jorgensen after having their first bid turned down.
The Eredivisie club are understood to be holding out for £20million which, if the Magpies met it, would exceed the £16million they paid Real Madrid for Michael Owen in 2005.
With owner Mike Ashley sanctioning new signings following the apparent collapse of takeover talks and the transfer window set to close next week, time is running out for Rafael Benitez to land his man.
Hamilton captain Michael Devlin is to be reunited with former Accies boss Alex Neil after the Ladbrokes Premiership club accepted a bid from Preston.
The 24-year-old central defender is set to move to the Sky Bet Championship after Hamilton accepted an offer with his contract due to expire at the end of the season.
But with Aberdeen also interested, Hamilton revealed they had given Devlin permission to visit Deepdale to discuss personal terms.
Meanwhile, Stoke defender Harry Souttar has joined Ross County on loan.
The 19-year-old made three appearances for Dundee United before moving to the Premier League club where he made his first-team debut for the Potters in this season’s Carabao Cup.
County manager Owen Coyle told his club’s official website: “We’re delighted to bring a talented young centre-half like Harry to the club.
“He’s a real prospect with high hopes of playing at the top level with Stoke City.
“I think the fact that he has just signed a new four-and-a-half-year contract shows how highly they rate him and we look forward to continuing his development at Ross County.”
Arsenal’s interest in signing Pierre-Emerick Aubameyang has apparently led to them increasing their offer for the Borussia Dortmund striker to £50million.
The fee for the 28-year-old, if he signed, would be bigger than the £44million the club reportedly paid for Lyon striker Alexandre Lacazette in July.
Arsenal are understood to have offered Olivier Giroud as part of the deal.