The Spaniard appears set to leave St Mary's for much less than he cost the Premier League club.
The 22-year-old has been attracting plenty of attention from Spain, with the Mirror reporting that former club Malaga, as well as Las Palmas and Real Betis are all interested in signing the forward.
And it appears that the Premier League club are not prepared to stand in his way if an offer gets put on the table. The Mirror suggests that despite signing the Spaniard in the last summer window for £5m, they would be willing to let him move on for just £1.5m.
The willingness to accept a cut-price deal sums up how the striker's move to England has failed to ignite in the way that Ronald Koeman would have hoped.
Juanmi has played 19 games in all competitions for the Saints this term, including 12 appearances in the top flight, but he has made just two starts - both of which came in the Capital One Cup - and is yet to find the back of the net in any game.
And with Charlie Austin being signed in January while Jay Rodriguez appears to be edging towards full fitness, it seems that his chances are likely to become even rarer in the final weeks of the season.