Marco Asensio's future with Real Madrid is set to be decided before the New Year.

Mundo Deportivo says Real Madrid and Asensio will open talks over the player's future in the coming days.

Tthe Champions League holders are prepared to offer new terms to a man who is out of contract at the end of the season.

Asensio is thought to be undecided, though, after seeing his playing time limited.

Arsenal are among those linked with the Spain international, who played for his country in Qatar.