Roma striker courted by Tottenham Hotspur
It is possible the Giallorossi might look to restructure the club financially and the 27-year-old could be sold.
According to La Gazzetta dello Sport, there are rumblings of discontent between the Italian and American factions within the club as well as a need for investment.
It is thought if this doesn’t come then Osvaldo will be the first star name to be made available on the market with a possible return to Espanyol mooted, but Tottenham also thought to be keeping tabs on his situation.
Juventus are said to be interested as well and enquires have been made from a number of Russian sides as well.
Osvaldo arrives at Roma from Espanyol in 2010 for a fee of €17.5 million.