Real Madrid are inviting offers for Theo Hernandez.
The left-back only moved to Real last summer from Atletico Madrid, but struggled to make a first team impression last season.
Marca says Real are prepared to sell Theo, but will insist on a buy-back option for the youngster.
Real management will demand at least the €28m they paid Atletico for the fullback.
Theo moved to Real after a successful season on-loan at Alaves from Atleti.