Real Madrid may buy back Alvaro Negredo from Sevilla if Manchester City refuse to drop their asking price for Emmanuel Adebayor.
Real are keen to sign permanently Togo star Adebayor - but not for the €16 million City are demanding.
Should City dig in their heels, AS says Real will turn to former Real Madrid Castilla star Negredo.
The option to buy back Negredo is €2.1 million less than Adebayor's current price-tag and his personal terms are also significantly cheaper.
Real have already bought back Jose Callejon from Epanyol in the last 24 hours.
