Real Madrid president Florentino Perez is prepared to sell Raphael Varane this summer.

However, AS says Perez will not et the defender leave for anything less than a world record fee.

The Real president has slapped an €80m price-tag on Varane - matching the world record for a defender that Bayern Munich have paid for Atletico Madrid's Lucas Hernandez.

Manchester United and PSG are among European rivals monitoring developments.

For his part, Varane feels he's now stagnating and needs a new challenge to reignite his career.