The player in question is Denzel Dumfries of Inter Milan, who was linked with Chelsea and more clubs during the winter window.
Dumfries was recently in Qatar for the World Cup and shone on a number of occasions, including in the last-16 vs the USA.
He scored one and provided two assists from right-wing-back as the Netherlands saw off the USA by three goals to one.
As a result, he looked like he would be a decent signing for Chelsea amid their troubles at right-back.
However, Chelsea did not sign the Dutchman and have now fallen behind in the race to land him.
It now looks like Arsenal and Manchester United are more likely to sign the Netherlands international after the Blues struck a deal for Malo Gusto in January, according to Tuttosport.
Dumfries could replace Ben White at right-back for the Gunners and allow the Englishman to operate in his natural centre-back role.
At United, meanwhile, Aaron Wan-Bissaka has improved in recent months but Dumfries would still likely be an upgrade.