According to the Mirror, Everton and Leicester City are reportedly interested in signing Hamburg midfielder Walace.
Despite having only been recruited by the German club in January, the Brazilian is not expected to remain with them for long.
The 21 year old displayed impressive form during his spell with Gremio after debuting in 2014. In total, he made 115 appearances for the Brazilian club, which is impressive given he is only 21.
He also debuted for the Brazilian national team in June 2016 and helped the Under-23 squad win the Gold medal at the Rio Olympics last year. He enjoyed a successful start to life at Hamburg, scoring on debut against RB Leipzig on debut.
Should Walace continue his form, he may very well leave during the summer and will probably be tempted by offers from clubs were he can win trophies. However, Hamburg will certainly have a high -asking price.