Real Madrid will start the bidding process with Chelsea for forward Eden Hazard with an opening offer of £120m, according to a report.
The 26-year-old's future at Stamford Bridge beyond the end of the campaign again looks uncertain, as he is said to have rejected the offer of a new deal.
Madrid boss Zinedine Zidane has made landing the Belgian a priority, and The Sun suggests that Los Blancos will use his contract uncertainty to their advantage.
Hazard, an unused sub in the 5-0 win against Stoke City on Saturday afternoon, is due to see his current terms in West London expire in 2020.
Chelsea are understood to be weighing up whether to cash in next year, with the same report claiming that Hazard is willing to help push through a move.