Zidane has been holding regular talks with Perez over their transfer plans for the past week, with Diario Gol reporting the coach has demanded Hazard be brought to Madrid at all costs.
And to make room for the Belgium international, Zizou has told Perez to cash in on Marco Asensio - a favourite of the president's.
Zidane can't see Hazard and Asensio playing in the same team - indeed the Spain U21 star is already struggling to win over his coach. The news will only encourage Manchester United boss Jose Mourinho to firm up his interest in Asensio.
Meanwhile, today's report confirms comments made by Hazard's father Thierry last week.
"Eden has refused a contract extension so to be able, if necessary, to follow interest from Real Madrid," stated Hazard Snr.