Crystal Palace are in talks to sign midfielder Victor Camarasa from Real Betis, according to multiple reports in Spain.
ABC de Sevilla and Mucho Deporte outline that a fee of €15m is likely to be demanded of a player who has a €25m release clause and whom Levante maintain a 20% sell-on fee.
The former Levante midfielder joined Betis in a €7m deal in 2017 but made only 14 starts in his sole La Liga campaign in Seville.
Camarasa had impressed in the Welsh capital on a season-long loan deal with Cardiff City with five goals in 32 league games, including strikes against Chelsea, Manchester United and Arsenal.
However, the Bluebirds suffered relegation and were not able to retain his services, while Tottenham had also been linked with a move for the Spaniard earlier this summer.
He has played for Los Verdiblancos in pre-season but Betis are said to be expecting his departure and see his exit as valuable in recuperating funds to reinvest elsewhere in their squad.
The Premier League transfer window closes on 8 August.