The 34-year-old Argentine is on the hunt for a new team after rejecting the chance to return to Leicester City.
The 34-year-old confirmed earlier this week that he would not be returning to Leicester City after one season at the club, writing on his Facebook page: "I have decided not to renew my contract with Leicester City.
"I have taken this decision only 24 hours after receiving the proposal from Leicester because I want to give the club as much time as possible to find an alternative."
Now in the process of weighing up his next move, recent reports have stated that new West Ham manager Slaven Bilic is targeting the ex-Argentina international as a potential replacement for Alex Song, whose permanent signing from Barcelona has hit a snag over an ankle problem that could keep him out for up to four months [h/t Daily Mail].
The club are still hoping to tie up a deal for the Cameroonian but, according to the likes of the Telegraph, also see Cambiasso as either a realistic alternative or someone who could come in and cover while his fellow midfielder is sidelined.
MundoD’s latest report has since claimed that the former Real Madrid and Inter Milan star has received an offer from the Hammers but adds that a possible stateside switch is also on the table.
The 52-times capped veteran is said to have received proposals from two unnamed MLS clubs in recent weeks, while he is also believed to be open to a return to Argentina.
It is anyone’s guess who the two teams in question could be but, after a stellar 2014-15 campaign with Leicester, there is little doubt that Cambiasso would prove a huge hit in North America.
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Joining the Foxes on a free transfer last August after his contract at Inter Milan expired, the former Champions League winner went on to win the club’s Player of the Year award for his role in their successful survival bid, as he made 33 total appearances and scored five goals.
Both the since-departed Nigel Pearson and successor Claudio Ranieri had been hoping to persuade him to remain at the King Power Stadium for at least another season but the fan favourite will instead be heading for pastures new.
After his Premier League performances throughout last term, it is no surprise that West Ham would be keen to bring him back to the English top-flight but it sounds like Bilic’s side will have to deal with some competition from across the Atlantic first.