The 34-year-old is no longer wanted at the Camp Nou following the arrival of Joan Garcia and several injury issues.
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Ter Stegen spent the second half of last season on loan at Girona but only managed to make two appearances as they were relegated from LaLiga.
According to Diario Sport, Barcelona have made it clear the Ter Stegen isn’t in their plans, and Ajax are willing to offer him a way out.
Michel, who managed Ter Stegen at Girona, has now taken over at Ajax following their disappointing season, and wants to bring the German to Amsterdam.
Ajax are keeping their options open, however, as they actively monitor alternative targets such as Yann Sommer and Mark Flekken.