Sport report that Los Che are plotting a big move to sign the 19-year-old, who is currently on loan at Sporting Gijon.
However, it remains to be seen whether Barca and Valencia can come to terms on a deal, with both clubs understood to have their own conditions for any potential deal.
The report states that Valencia are unwilling to loan the player, and instead prefer a permanent deal, while Barca themselves are unwilling to part with Halilovic permanently unless a buy-back clause is inserted in the deal.
Such a clause could see Valencia aiding the player’s development, only to see him one day return to represent one of their rivals.
Speaking to Marca earlier this week, the player’s agent Zoran Stojadinovic recently revealed that his client wasn’t keen on a switch to the Premier League, and would instead prefer to remain in La Liga—news that will certainly come as a boost to Valencia.
The 19-year-old joined Barca from Dinamo Zagreb in his homeland in 2014, but is yet to establish himself in the Catalan heavyweights’ starting XI.
However, he has impressed at Gijon—contributing five assists and scoring three goals—suggesting that he may yet realise the potential that once took him to the Nou Camp.
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