Werder Bremen defender Naldo is attracting major interest from Spain.
The 27 year-old is rated in the €15 million class by Werder and has been linked with a move to Italy this week.
However, Spanish radio Cadena SER says Real Madrid and Barcelona are also monitoring Naldo's form leading up to the winter market.
A move from Real for the Brazilian could be on with Manuel Pellegrini's defence looking decidedly shaky so far this term.