Liverpool manager Rafa Benitez has revealed that there are 'two or three' clubs showing an interest in Alvaro Arbeloa.
The defender is facing an uncertain future following the arrival of England right-back Glen Johnson on a four-year deal from Portsmouth.
Benitez is keen for Arbeloa to stay at Anfield but admits that, with the Spain international having only 12 months remaining on his contract, he could listen to offers.
Real Madrid have been strongly linked with bringing the 26-year-old back to the Bernabeu, where he was a member of the squad between 2004 and 2005.
And Benitez claims clubs have made enquiries, telling Liverpool's official website: "Arbeloa was a good player for us last year.
"The thing is, he has one year left on his contract. We have offered him an extension and we're talking.
"He is our player but if there is a good offer we have to consider it. We have two or three clubs asking about him.
"He would like to stay but he knows the competition will be hard."
Meanwhile, Benitez has hinted that he could sign one more player in the summer without having to sell.
"We are working and trying to bring new players in but we are happy with the squad we have at the moment," he added.
"We were thinking about improving and with Johnson we have improved. Like I have already said, we could buy one more player without selling anyone. We now have to wait."