Real Madrid will aim to low-ball Chelsea for Kepa Arrizabalaga's permanent signing.
Kepa, who has a deal to 2025 with Chelsea, is on a season-long loan at Real.
And the Spanish giants are expected to deal in Kepa in 2024 after a superb first few weeks with Los Merengues.
Sport says Chelsea are prepared to sell Kepa for around 25m, while Real Madrid hope to do business for 18m.
For his part, Kepa has no plans to return to Chelsea and wants to stay with Real.