AC Milan are in talks to sign Schalke left-back Sead Kolasinac with a deal close to completion, according to Corriere dello Sport.
The Bosnia international is also a reported target for Arsenal, as well as Manchester City, Liverpool and Juventus.
But Milan could be set to win the race for his signature, as they close in on a deal which would be the first arrival following the completion of their takeover.
Backer Yonghong Li, the businessman behind the club's takeover, has been pictured arriving in the city, with a deal reportedly set to be completed on Thursday.
Kolasinac's contract is set to expire at the end of the season, so Milan could acquire his services on a free transfer. They are reportedly set to offer a four-year contract with a yearly salary of €2.5m.
Other interested clubs could yet look to jeopardise the deal, although it appears Milan are now the clear favourites to sign the in-demand full-back.
The former Stuttgart player has demonstrated his versatility in an impressive season at Schalke, used as both a centre-back and a defensive midfielder.
Kolasinac played for Germany at youth level before changing allegiances to Bosnia. He has been capped 17 times by the country where his parents hail from.
Kolasinac has made 21 appearances for Schalke in the Bundesliga so far this season, scoring three goals and providing five assists from left-back in what has been something of an underwhelming season for his club.