Real Madrid president Florentino Perez is prepared to bring James Rodriguez back from Everton.
Having allowed him to leave for nothing a year ago for the Blues, Gol Caracol reports Florentino is ready to re-sign James on recommendation of new coach Carlo Ancelotti.
Ancelotti was happy working with James last season at Goodison Park and is keen to bring him back to Madrid for the new campaign.
Florentino has agreed and is confident convincing Everton to release James from his contract.
However, the midfielder will also have to agree to cut his Blues wages to seal the move.
