Real Madrid midfielder Luka Modric has rejected a massive offer from Saudi Arabia.

The 37 year-old's Real Madrid deal expires at the end of the month, though there is confidence of a contract renewal.

Marca says an agreement has been reached between the parties about playing on next season.

This comes after Al Ahly offered Modric €80m-a-year to move to the SPL.

In response, however, Modric said no, as he wants to continue his career in the Spanish capital.