Real Madrid are ready to release Reinier Jesus for another loan next season.
The Brazilian midfielder will return to Real this summer after a disappointing loan last term with Borussia Dortmund.
However, Real plan to send Reinier away for another 12 months.
Newly-promoted Real Valladolid are in contact with Real Madrid about taking Reinier on a new loan arrangement, says Marca.
Reinier would come under the guidance of Ronaldo Nazario, who owns and is president of the LaLiga new-boys.