Real Madrid president Florentino Perez is willing to go as high as £50 million for Bayern Munich star Franck Ribery. AS says Perez is determined to make Ribery his third "strategic" signing after Kaka and Cristiano Ronaldo. If a deal can be struck with Bayern, Ribery will be the final 'Galacticos' signing made by Real this summer.

Real GM Jorge Valdano has spoken with Wesley Sneijder and Rafael van der Vaart about moving to Munich in part-exchange, but neither Dutchman is interested in leaving Madrid.

If Bayern continue to play hardball, Ribery is willing to demand a transfer to force the Germans to the negotiating table.