The Spaniard is currently on a season-long loan at Ajax, but looks unlikely to stay with the Dutch giants after a hot and cold campaign in Amsterdam in which he has only found the back of the net twice.
Although he looks set to return to Barca, it appears doubtful that he will have any sort of future at the Nou Camp, with the likes of Lionel Messi, Alexis Sanchez, Neymar and Pedro some way ahead of him the battle for first-team action.
This has alerted the Premier League duo, who are said to be tempted to bring him across to England on the cheap.
The 23-year-old has bags of experience despite his relatively youthful age, following his emergence with the Catalan giants way back in 2007.
Although originally tipped to be a superstar, the versatile forward has struggled to fulfill his potential after a number of spells with teams across Europe including Ajax, Roma and AC Milan.
Tottenham and Liverpool are both preparing for possible European campaigns next term, and could use Bojan to bulk out their respective squads.
The player himself has already confessed that his future is far from certain, and that a decision will be made once the current season ends:
“We will see about my future. There are two months left of the season and then I will make my decisions.”