Argentinian defender looks likely to be heading to Anfield or the Emirates.
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Liverpool and Arsenal are favourites to land Villarreal defender Mateo Musacchio.
The 20-year-old has had a fine season for the La Liga team, helping his side into the Champions League places.
But his performances have not gone unnoticed with Liverpool, Arsenal and Juventus all tracking his progress.
Villarreal know they have a fight to keep hold of the Argentinian they rate at £10million.
Liverpool are ready to get ahead of the competition. Director of football Damien Comolli is attempting to enter negotiations already, according to reports in Spain.
Liverpool manager Kenny Dalglish wants to refresh his squad with defenders Sotirios Kyrgiakos and Jamie Carragher the wrong side of 30.
And with constant speculation surrounding Daniel Agger’s future, Musacchio is an obvious choice to replace them.