Wales coach Ryan Giggs can see Aaron Ramsey being sold by Arsenal in January.
The Arsenal midfielder is into the final few months of his contract and will have his choice of destination if he leaves as a free agent next summer.
But the Gunners' domestic rivals Manchester United, Chelsea and Liverpool are all poised to enter the race in the New Year, hoping to land Ramsey — who turns 28 on Boxing Day — for a bargain fee.
On the continent, Italian duo Juventus and AC Milan and Spain's Atletico Madrid are also monitoring the situation.
Giggs said: “He's a goal-scoring midfielder, who, if he plays 40 to 45 games, is going to get you 15 goals.
“Aaron's a good character, he has a good personality and is a good professional. So if he does go, somebody is getting a very good player.
“He can play anywhere, in any league, for any elite club. He's played at Arsenal for 10 years – and all these games for Wales.
"Aaron's had a lot of injuries, but I watched him against Cardiff – and he played the whole game. And when he came away with us last time, I thought he was in fantastic form."