The Paraguay international is out of favour at Signal Iduna Park despite his heroics last season, and the big-spending Andalusian outfit are keen to bring him to La Rosaleda
The Paraguay international has found first-team opportunities at Signal Iduna Park something of a rare commodity this season, as Robert Lewandowski has made the starting role in Jurgen Klopp's side his own.
Despite official statements to the contrary, it is believed that the German champions will let him leave the club in January should their valuation of €12m be met. BVB have been linked with Nuri Sahin, and although Dortmund have denied a move for the Real Madrid midfielder, Bild insist the Ruhr side intend to re-sign him with money that could come from Barrios' sale.
With Malaga backed by Qatari billionaire Sheikh Abdullah Bin Nasser Al-Thani, it has been stipulated that the clubs should easily be able to agree a transfer fee.
Barrios has himself spoken of his disappointment at only making nine appearances for the German side this season and indicated that he may leave if his fortunes do not change.
"It is not my intention to sit for another six months on the sidelines," the 27-year-old adamantly stated.
The Argentina-born forward's future is set to be decided within the next week however, as general manager Michael Zorc has revealed that talks are forthcoming.
"We will talk in the next few days with him," the former Germany international confirmed.
Sevilla and Espanyol are also believed to be interested in Barrios, but Malaga’s bid is thought to be the first concrete offer for the former Colo Colo hitman.