Chelsea and Manchester City are both willing to pay the £13 million buyout clause for highly-rated Valencia left-back Jose Luis Gaya.
The 19-year-old Spaniard is Real Madrid's first choice to fill the left side of their defence next season.
But AS reports that both Chelsea and City are keen to snap Gaya up, with the Manchester club the most interested as they consider him to be a suitable replacement for Aleksandar Kolarov.
The Serbian defender is keen to return to Italy after starting just 11 Premier League games for City this season.
Gaya is a key player for Valencia, having played 27 league matches this season, and the third-placed La Liga club are putting together a second offer to renew his deal after the first was rejected.
Source:Dailymail.

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