Everton have offered James Rodriguez a four-year deal to join them in the summer, according to reports.
Real Madrid have made the forward available as Zinedine Zidane is not keen to keep hold of a player who has fallen out of favour and made just seven appearances in LaLiga this campaign.
They would want around €40million (£34m) to sell him in the next transfer window.
That has alerted a number of Premier League sides, according to Spanish outlet Mundo Deportivo.
Arsenal, Chelsea and Wolves are all eyeing the Colombia international as they look to improve their squads ahead of next season.