Real Madrid will need to offer Javier Hernandez a contract by Thursday if they want to keep him.

The Mexican striker, who is on a season-long loan from Manchester United, has been in fine form for Carlo Ancelotti's side recently which could force an about-face regarding a permanent deal.

However, Real will have to act quickly as the 'exclusivity period' to buy Chicharito finishes on April 30 according to the Daily Mail.

After the close of the exclusivity period, los Blancos will have to battle it out with other interested clubs if they want Hernandez beyond the summer.

West Ham United, Southampton and Lazio have all been credited with an interest in the 26-year old who could be available for around £10million.