Javier Pastore looks headed for Spain or England after Palermo president Maurizio Zamparini revealed a bid of €50 million has been made for the player.
Pastore, who turned 22 last week, has become one of the hottest properties in European football with his performances for Palermo since moving to the club from Huracan two years ago.
Zamparini refused to be drawn on which club had made the offer, but Real Madrid, Manchester City, Manchester United and Chelsea appear to be his most likely suitors.
He netted 11 Serie A goals from midfield last season, and provided five assists, as Palermo finished eighth in the table.
"There is only a 10% chance that he will stay with us," Zamparini said. "At the moment he is in Argentina preparing for the Copa America and his agent is evaluating three or four offers - but none from Italian sides.
"It's exactly what is occurring at Udinese with Alexis Sanchez. I can also confirm that a foreign club made me a €50m offer yesterday [Tuesday]. What nationality were they? Icelandic ...
"There were Italian sides who wanted him, but you'll have to ask them if they are still interested.
"The player himself has no preference over his next destination. At the moment he is calmly just waiting for us to give him news.
"Pastore is worth more than €50m and in two or three years' time his price will double.
"Is he better than Ganso of Santos? I don't know him very well, but Pastore is worth three or four times more than him."