Real Madrid directors are actively discussing the prospect of tempting Arsenal attacker Alexis Sanchez back to Spain.

Discussion has centred around Alexis' form with Barcelona and whether the Chilean has improved during his 18 months in London.

The majority on the board believe Alexis' problems at Barca had nothing to do with ability, but that he was played out of position.

Arsenal are expected to upgrade the attacker's current deal, but talks are yet to kickoff.

Real, meanwhile, would be willing to begin the bidding at €50 million and offer Alexis parity in terms of salary with Sergio Ramos and Gareth Bale.