Real Madrid have made a new offer for Napoli striker Edinson Cavani.

Real are battling Chelsea and Manchester City for the Uruguay international.

Cadena Ser says Real Madrid have tabled a bid of cash plus striker Gonzalo Higuain, who is in negotiations with both Juventus and Arsenal.

The proposal also includes the gate from a prestigious friendly between Napoli and Real Madrid, plus a series of performance-related bonuses.