Real Madrid president Florentino Perez is prepared to conduct a massive summer sale - with the aim of raising €300 MILLION.

Florentino plans to put the cash raised towards their transfer budget as he prepares to back coach Zinedine Zidane's plans of an overhaul of the current squad.

Goalkeeper Keylor Navas will be sold, along with defenders Jesus Vallejo, Sergio Reguilon and Theo Hernandez. In the midfield, Marcos Llorente, Mateo Kovacic (on-loan with Chelsea), Dani Ceballos and Lucas Silva (with Cruzeiro) will also be moved on. And in attack, Mariano Diaz, Raul de Tomas and Borja Mayoral will be made available.

Along with Keylor, senior teammates Gareth Bale and James Rodriguez have been put up for sale as Florentino seeks to raise as much spending cash as possible.