Gabriel Milito is understood to have shunned the chance of moving to the Premier League this month.
The Argentine international is believed to have been told by Barcelona that he can move on loan.
The likes of Blackburn and West Ham were linked, but the 30-year-old is believed to have rejected the opportunity to play in England.
Now reports suggest that Malaga and Genoa are leading the chase to land his signature.
Milito is anxious to get some first-team football in the second half of the season as he wants to guarantee a place in Argentina's squad ahead of this summer's Copa America.