Chelsea have not moved to secure Ashley Cole to new terms. The Mirror says Cole has not received a new contract offer from Chelsea - despite opening talks with Real Madrid and Paris Saint-Germain.
The England full-back can talk to foreign clubs this month and could sign a pre-contract agreement to move abroad this summer.
Real have made the strongest first move for Cole, while PSG remain interested in snapping up the 32-year-old on a free transfer for next season.
Manchester United and City are also watching the situation but he cannot speak to other English clubs until the summer.