The Serie A club are reportedly willing to offload the Argentina midfielder in the summer, but only at the right price.
The Premier League pair are both understood to be monitoring the Argentina international, along with big-spenders Paris Saint-Germain, with Lazio director Claudio Lotito said to be willing to sell in the summer for the right price.
Biglia, 29, was linked with a move to the Arsenal throughout the 2012-13 campaign while at Anderlecht, per the likes of Sky Sports, but the former Independiente star instead transferred to the Serie A club the following summer.
He has since established himself as one of the consistent defensive midfielders in the league, making 55 total appearances, and has even earned comparisons to Argentine legend Fernando Redondo.
A starter in the World Cup final in Brazil, the 26-times capped stalwart has also admitted his interest in a Premier League switch in the past, with London a favoured destination, telling ESPN FC before his national side’s 2-1 win over Croatia at Upton Park in November: “London’s a very beautiful city. In fact, I already knew the city from a previous visit I made.
“Certainly I would like to play in an important league such as the Premier League.”
Biglia added at the time that he was content to remain at Lazio for the moment but, after revealing details of a failed summer move to Real Madrid, did reiterate his desire to take another step forward in his career in the future.
“I could have joined Real Madrid in August but the closure of the transfer window was so close that the deal just didn’t materialise,” he added.
“At the moment I feel very happy at Lazio but I want to continue to grow and in the future I hope I can have another chance like that.”
With the Mirror reporting last month that United boss Louis van Gaal wants Biglia in the summer, it looks like the Lazio star might get his wish sooner rather than later, although a move to Old Trafford is far from guaranteed given Arsenal’s and PSG’s interest.
After the recent emergence of Gunners midfielder Francis Coquelin, the Dutchman might be more desperate to land his signature than Arsene Wenger, but whether either would be willing to spend the reported €25 million fee remains to be seen.