However, according to Todo Fichajes, Madrid's board of directors is skeptical about the Spain international as a long-term option, and the club may sell him in the summer as a result of his performance this season.
According to the source, this has put Liverpool and Arsenal on high alert, and it's easy to see why they could be tempted to sign this slightly undervalued midfielder.
In spite of the injury issues that have slowed his progress in recent years, Asensio is a wonderful natural talent who, if he can return to his peak form, would make an excellent addition to the squads of many top clubs.
Arsenal, in particular, are in desperate need of an acquisition like this to replace Nicolas Pepe in the offensive midfield department, and Liverpool, with the likes of Mohamed Salah, Sadio Mane, and Robert Firmino all reaching the end of their careers, would be wise to make a similar investment.
It is not often that top players of this caliber become available, so if Real Madrid's board of directors is genuinely unsure about him, it marks a huge opportunity for these Premier League giants to seize the moment and sign him.
Alphonsus Odumu 2 w
Madrid