Manchester City and Real Madrid have made enquiries about the availability of Malaga starlet Isco, according to the player.
The playmaker's future has been a hot topic of conversation ever since it was revealed that a number of European clubs were chasing his services.
The 21-year-old, who scored 12 goals from midfield in 47 appearances for Malaga in all competitions last season, was a key figure in his side's run to the UEFA Champions League quarter-finals.
He is currently in Israel representing Spain at the Under-21 European Championships and has revealed that City and Real Madrid are the two clubs chasing him.
"There are two propositions on the table," Isco said.
"I hope to decide soon because I still have a contract with Malaga. I know that both Manchester City and Real Madrid are great clubs.
"I want that whatever happens will be the best for me and Malaga."
The fact that new Manchester City manager Manuel Pellegrini has come from Malaga, and rates Isco highly, could play a pivotal role in negotiations.
And he said that Pellegrini being in charge at the Etihad Stadium has him leaning towards a move to Manchester.
"It is true that I already know Pellegrini. I know how he works and he has been fundamental in my career," he said.
"It is a point in favour that we have already been together but it is not definitive."