Real Madrid coach Zinedine Zidane is keen to use Gareth Bale as a bargaining chip to refresh their attack.
Don Balon says Zidane is desperate to prise Eden Hazard away from Chelsea and wants to use Bale in negotiations.
The Frenchman has discussed with president Florentino Perez about offering Bale to Chelsea in order to kickoff talks about Hazard.
Perez is prepared to sell Bale, but is unsure about moving for Hazard. The president would prefer Zidane show greater support for Dani Ceballos and Marcos Asensio.
However, he would be prepared to reverse his stand if it meant getting value for money over the departure of Bale.
Perez is demanding €100m to sell Bale in 2018, but so far the only team to come forward with an offer is his former club Tottenham, with a €50m proposal.