The 20-year-old has admitted he would like to leave the Italian side at the end of the season.
Kjaer still has two-and-a-half years left on his current deal at Palermo but has been linked with clubs around Europe, including Manchester United and Liverpool.
Kjaer said: “I will take a step towards the dream or I will stay in Palermo. I would prefer to have it sorted out before the World Cup. I am ready for a new challenge, but is has to be an attractive club.
“(The) Premier League is the best league in the world and then there is Barcelona and Real Madrid in Spain.
“England and the physical playing style would probably suit me better. In case the right offers come, it would be exciting to form a partnership with (Daniel) Agger (at Liverpool).”
