Real Madrid are ready to make a first cash offer for Manchester United midfielder Paul Pogba.

United have intimated they're unwilling to sell, though could be brought to the table for an offer of €170m.

ABC says Real intend to make an opening bid of €125m for the France international.

It's suggested Real president Florentino Perez has set a limit of €130m plus a staggered bonus of €15m - which falls well short of United's valuation.

Much will depend on Pogba and whether he is prepared to force the move from his end.