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.