Juventus and Liverpool reportedly asked AS Monaco for Radamel Falcao on loan, as Valencia want Fernando Llorente.
The Colombian international hitman only left Atletico Madrid for £50m last summer, but is widely believed to be unhappy at Monaco.
His first choice would be moving to Real Madrid, but they cannot make a bid this year due to Financial Fair Play rules, having already spent £90m for the likes of James Rodriguez, Toni Kroos and Keylor Navas.
According to the Gazzetta dello Sport, Monaco would be prepared to loan Falcao out for one season so that he can find his fitness after a lengthy injury lay-off.
That way he’d be able to bide his time and wait one year for Real Madrid to take him on, or agree a buy-out clause with this new club.
Juventus have approached Monaco to ask for his signature, but face competition from Liverpool, who are still seeking a replacement for Barcelona-bound Luis Suarez.
The Mail on Sunday claims Monaco are demanding a £12m loan fee, though it could well be negotiated down.
The Bianconeri would pay for this move – and his huge £10m per season wages – by accepting Valencia’s bid for Fernando Llorente.
The same newspaper claims Valencia have offered €10m (£8m) for Llorente, but that Juve want double that sum to release the Spaniard.
It would be a huge boost to their finances, as they picked up Llorente on a free from Athletic Bilbao a year ago.