Juventus and Milan may face competition in their race to sign highly-rated Brazilian Amauri.
Both sides have expressed strong interest in signing the 27-year-old Palermo striker, but it has emerged that Real Madrid are also looking at the Brazilian.
Amauri's agent Mariano Grimaldi said: "He feels really good in Palermo and until June he won't move.
"There is a big interest in him. His value is €26million (£19.4million) and Roma are out of the race."
Grimaldi did not comment on the speculation over Real's interest but reports in Italy suggest the Spanish side would be interested in entering a bidding war.
Meanwhile, Palermo have completed the signing of striker Tulio de Melo from Ligue 1 side Le Mans on a four-year deal which will begin next summer.
The 22-year-old has been watched by Palermo and Parma, but he has revealed his frustration at his agent's conduct during the deal.
"He fooled me and made several contacts with English, Russian, Spanish and German clubs fall through," he told L'Equipe.
"I knew he asked for a €5million (£3.7million) commission with a Russian club. With Parma he got a much larger commission."