Barcelona forward Pedro Rodriguez is being offered to Premier League clubs for just €10million.
iverpool, Chelsea, Arsenal and Tottenham Hotspur have all been alerted to the possibility of landing Pedro for a cut-price fee this summer.
Pedro’s Barca contract expires in 2016 and the 27-year-old is ready to quit the Nou Camp after finding himself behind Lionel Messi, Neymar and Luis Suarez.
Barca have publically insisted they want to keep Pedro at the club, but it is understood that there is a behind the scenes acceptance the player could leave.
Premier League clubs have been informed that Pedro could be available for as little as £7m, but could face competition from Inter Milan.
Pedro would be a cheap replacement for Raheem Sterling if Liverpool cannot keep hold of the 20-year-old and would suit the playing style of manager Brendan Rodgers.
Arsenal will target a replacement for Theo Walcott if the England international does not sign a new contract, while Tottenham are considering a host of pacey forwards.
Chelsea considered trying to sign Pedro in January and may well revisit their interest if they fail to land top target Antoine Griezmann from Atletico Madrid.
Pedro, who can play on the left or right, has made over 300 appearances for Barcelona since first joining the club as a 17-year-old and has played 50 times for Spain.