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Chelsea and Liverpool are both aiming to secure the signing of Dean Huijsen this summer, although Real Madrid are monitoring the Spanish centre-half.
Huijsen's situation is made a little simpler, due to the understanding he has a release clause of around £50m.
Both Chelsea and Liverpool have been seeking to sign a new centre-half, and have been simultaneously working on a potential deal to bring the 19-year-old in.
The 33-year-old has not yet signed a new deal at Anfield.
Real Madrid are also looking in that area, but haven't worked on any prospective deal as much as their two English rivals.
The Spanish champions nevertheless feel they will have considerable sway if it comes to it, given how they have refashioned themselves into the most powerful side in the world again.
Huijsen was born in Amsterdam to Dutch parents, but qualified for Spain having moved to Marbella as a five-year-old.
He made his debut for the Spanish national team this March, in the Nations League quarter-final win over the nation of his birth.
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