Benfica and Real Madrid are locked in negotiations for goalkeeper Jordi Codina.

Benfica have offered £800,000 for the third-choice shot-stopper, while Real are seeking closer to £1.5 million.

Codina has already agreed personal terms with Benfica and is expected to move to Lisbon in the coming days.

Meanwhile, Real are considering releasing midfielder Pablo Garcia from the final year of his contract. The Uruguay international has spent the last two seasons away on-loan at Celta Vigo and Real Murcia respectively.