Stunning news is breaking in Spain this morning with Real Madrid president Florentino Perez inviting offers for Luka Modric.

Regarded as an 'untouchable' by Zinedine Zidane, Florentino is ready to defy his coach and cash in on the Croatian.

Don Balon says agents across Europe have been informed Modric is available as Real seek to spark an auction ahead of the summer market.

With Isco, Toni Kroos and Mateo Kovacic already on the books, Florentino believes they can afford to lose Modric - for the right price.

Manchester United and Carlo Ancelotti's Bayern Munich are both expected to be among the first to respond to the news this week.