The Internacional star has also been watched by scouts from Arsenal, Manchester City, Marseille and Bayer Leverkusen.
The 26-year-old played a vital role in Chile’s recent Copa America win, becoming one of the standout players of the tournament.
Internacional are due to play in their Copa Libertadores semi-final against Tigres on Wednesday and the club are reluctant to open on to any negotiations before then.
A win in that game could well prolong their reluctant nature until after the Final.
Aranguiz’s agent has hinted the midfielder would prefer a move to the Premier League, rather than Marseille and France.
Cesar Behling, a representative for the player said: “Aranguiz prefers the Premier League”
“But Marseille and Ligue 1 also have a great reputation and can not be ruled out.”
It is thought Internacional rate Aranguiz at £16million.