The 32-year-old experienced centre-back Nemanja Vidic is set to leave Manchester United this summer when his contract expires.
The versatile Caceres is considered as a potential replacement defender with the 26-year-old is likely to be available for around £8m this summer.
Caceres has earned 55 caps at international level but featured only five times for the Bianconeri in Serie A this term, and seems to have an uncertain future in Turin.
Caceres is capable of playing either in full-back or in left-back position, but he is most comfortable in the central defence.
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