Real Madrid president Florentino Perez has tabled a new contract proposal to skipper Sergio Ramos.

Off contract in June, the veteran defender has been waiting for a serious offer from Florentino as his deal ticks down.

Ramos has been seeking a long-term agreement, though Florentino has been reluctant given he is 34 years of age.

Via Le 10 Sport, Josep Pedrerol of El Chiringuito reports the president is offering two options to his captain: Ramos could extend for one year by continuing to receive his current salary or he could initial a new two-year contract, on condition however, to accept a salary cut of 10 per cent.

Real Madrid's current contract policy is to have their over-30 players on rolling 12 month deals.

Ramos has been with Real Madrid for over 15 years and has managed 16 appearances this season, scoring three goals and providing one assist. His current deal was signed in 2015.

- updated December 5