According to 'The Sun', Barcelona are incredibly interested in a deal to bring the 18-year-old to the Camp Nou.
However, the Spanish giants are facing massive competition from Chelsea and Liverpool for Caceres, who currently plays for Uruguayan team Liverpool Montevideo.
The centre-back doesn’t require a work permit as he holds a Spanish passport, meaning a deal to prize him away from Uruguay would be relatively straightforward.
Both Premier League clubs have already sent scouts to watch the Uruguay Under-18 captain.
To add to Chelsea and Liverpool's advantage, Caceres' representative Nick Maytum, from TMG Football, is based in England.
Clubs across Europe are on alert to any developments in his situation, sparking an intense race to land the defender.