Sevilla share Fabiano's transfer rights with investment company GSI (Global Soccer Investment), which owns a 65 per cent majority.
Marca says GSI are meeting in London this weekend to discuss the prospect of buying out Sevilla's minority stake and then selling him on.
While Fuentes is discussing the player with Serie A clubs, it's been revealed Fabiano's lawyer, Breno Acosta, has been maintaining contact with Real and will be in Spain next week for further talks.