Manchester United goalkeeper David de Gea could buy Segunda Division Elche.
Sport says should the deal was to go ahead it would cost the Spain international around €18million (£16million), as reported by Sport.
Jose Sepulcre, Elche's maximum shareholder, had been negotiating a possible sale with player agent Christian Bragarnik, but talks have cooled recently.
De Gea has a strong connection with Elche - he is a season ticket holder at the club and spent part of his childhood in the area, with his father having been born there.
Elche are currently in 12th place in the Segunda Division table.