Arsenal midfielder Lucas Torreira is reportedly wanted by both Valencia and Lazio.
The 24-year-old joined Atletico Madrid on loan last summer but has found it difficult to secure regular action at the Wanda Metropolitano, making just two league appearances since the start of December.
A recent report claimed that the Gunners are considering ending the Uruguay international's time with Diego Simeone's side to send him on loan to another club for the rest of the 2020-21 campaign.
According to AS, Valencia want to sign the midfielder this month, but the Spanish outfit are likely to face competition from Lazio, who have also joined the hunt.
The report claims that Valencia have already contacted Arsenal chief Edu to discuss a switch to the Mestalla.
Torreira has made 89 appearances for his parent club in all competitions since arriving from Sampdoria in 2018 and is contracted to Mikel Arteta's side until the summer of 2023.