Manchester United and Chelsea are offering four-year pre-contract proposals to Real Madrid wing-back Lucas Vazquez.

The versatile winger is out of contract at the end of the season and it has been suggested he will not be signing a new deal with the Spanish champions.

ABC reports along with United and Chelsea, Bayern Munich and AC Milan are also in the mix.

The report adds that Bayern have offered him a four-year deal, higher than the one proposed by his current club.

It is believed that the Real offer on the table is 10 per cent lower than his current salary, meaning they are unable to compete with the proposals from abroad.

Last month, it was reported that Bayern were in 'advanced talks' with Vasquez, who has been at the Bernabeu since he was 16.