Chelsea and Manchester City are chasing Valencia fullback Jose Luis Gaya.
AS says Chelsea and City are both willing to pay the £13 million buyout clause for Gaya.
Gaya is a key player for Valencia, having played 27 league matches this season, and the third-placed La Liga club are putting together a second offer to renew his deal after the first was rejected.
Gaya is a Spanish U21 international, though he was forced to leave the camp last week after suffering a hamstring injury.
He is hopeful of being fit for Valencia's crucial league clash with Villarreal at the Mestalla on Sunday.