Both Premier League giants have been tracking the youngster all campaign long.
Skilful Malaga midfield player Isco says that he is still not sure as to where he will be playing his football next season, reports the Metro.
The in-demand Spain international is currently enjoying his best-ever campaign for the high-flying Liga outfit, form that resulted in the 21-year-old winning his first La Roja cap earlier this year.
However the playmaker, whose contract with Malga runs until 30 June 2016, has admitted that he does not know if he will still be at the club at the start of next season, especially following the recent confirmation that popular head coach Manuel Pellegrini will definitely be departing Malaga this summer.
“We will do what is best for Malaga,” said Isco. ‘Nobody knows where my future lies.
“Right now I am just focusing on the two league games which remain [at home to Deportivo and away to Barcelona] and making sure I am at full strength for next month’s European Under-21 Championship.”
Isco has featured in 36 Liga matches to date for Malaga, netting an impressive nine goals in the process, while overall in all competitions for the club the player has played in 46 games, hitting the back of the net on 12 occasions.