Real Madrid are readying a January bid for Newcastle United attacker Bruno Guimaraes.
The Brazil international will attract a major bid from Real in the New Year.
The Telegraph says Real are aiming to offer 120m for Guimaraes.
However, Newcastle hope to secure the Brazil international to a new deal in the coming weeks in order to head off rival interest.
For his part, Guimaraes favours staying on Tyneside.