Premier League duo Everton and Leicester City are eyeing summer swoops for Hamburg midfielder Walace despite the Brazilian only arriving in Europe during the January transfer window, The Daily Mirror reports.

What's the word?

Everton and Leicester City have endured two completely different campaigns this season, with the Toffees making progress under the guidance of Ronald Koeman whilst the Foxes have faltered significantly in their defence of their Premier League crown.

Despite the vast differences, the two sides share very similar aims in the summer transfer market as The Daily Mirror suggests both sides are eyeing swoops for Hamburg's 21-year-old midfielder Walace, who the German side signed in January for £8m from Gremio.

The young anchorman won Olympic gold with Brazil last summer and Hamburg faced a tough battle to land his services last month. Walace has already impressed in Germany, scoring on his league debut against RB Leipzeig, but the Bundesliga side are bracing themselves for summer offers.

Who will win the race?

Whilst Walace is on Everton's radar, specifics concerning the Toffees' alleged are not mentioned in The Mirror's report. For Leicester though, the report mentions their interest in signing Walace during the January window and points out any hope of landing the Brazilian this summer depends on their Premier League survival.

Even if Claudio Ranieri's side secure their place in the top-flight of English football, the Foxes' chances of landing highly-rated Walace look bleak as Everton may be able to offer European football- whilst there's also interest from Serie A side Lazio.

In the Premier League, Walace would join fellow Olympic gold winner Gabriel Jesus in English football but also has compatriots in Serie A, with Gabriel Barbosa at Inter Milan- although his opportunities at the San Siro have so far been limited.

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