Real Madrid have reportedly turned down Chelsea's £20million offer for Spanish international Isco.

The Mirror is reporting Madrid have knocked back approaches from the Blues and Italian giants Juventus because they are not interested in selling the 23-year-old who they paid Malaga £23million for in 2013.

It is understood that Chelsea manager Jose Mourinho may be willing to include Oscar in any such deal with Madrid, however the Brazilian is also believed to be a target for Juventus. Juventus are believed to have offered £12million to acquire Oscar, which is well below Chelsea's reported asking price.