Real Madrid are open to sending Kaka on-loan to Chelsea - in exchange for Ashley Cole.

Itasportpress.it says the Spanish giants may be warming to the idea of off-loading their £56million star if they can secure a player in return, and with a left-back high on their radar, Cole would be the obvious make-weight in any deal.

The 29-year-old may also feel like it's the right time to join the Galactico ranks, after personal problems and media scandal have dogged his last season with the Blues.

However, it's unlikely that Carlo Ancelotti will want to enter into any kind of deal involving his full-back, and will likely try a straight-cash swoop in a bid to lure the Brazilian international.