Tottenham and West Ham are amongst the clubs keeping close tabs on Lyon striker Fred.
The Brazilian international is currently at loggerheads with the French champions after he returned late from the winter-break in France.
The player has admitted he is more than happy to leave Stade Gerland and Lyon are willing to let him go.
Fred's brother Rodrigo - who is one of his agents - has flown to France to open talks about the player's future.
One of his other agents, Francis Mello, revealed that there is English interest in the 24 year old.
"Two English sides have the means to pay the transfer fee asked by Lyon (which is believed to be near £10million), which is important as l'OL doesn't want a loan yet.
"Now he has perfectly recovered form his injuries, Fred wants to play again to join back with Selecao [the Brazil national side] as soon as possible."