Caceres' contract expires at the end of the season and due to a lack of first-team football a contract renewal with The Old Lady is increasingly unlikely.
Turkish club Fenerbahce were ready to snap up the former Barcelona player on a free transfer at the end of the season, Caceres's €3 million per season wage demands scuppered the deal.
It's believed that Serie A giants AC Milan and Premier League club Liverpool are interested in the 28-year-old but whether they will move for Uruguayan international Caceres in January or in the summer is still unknown.