Real Madrid would reportedly demand that Chelsea defender Reece James is included in any proposal involving Eden Hazard.
With the 30-year-old failing to make much of an impact at the Bernabeu, the report hinted that all parties would welcome the opportunity to discuss a deal.
However, El Nacional says that Los Blancos would look to use any talks to help secure the signature of Chelsea defender James.
The 21-year-old is a key part of Thomas Tuchel's squad, the versatile defender having already made 90 appearances since graduating from the academy setup.
While the report suggests that Real value James in the region of €45m (£38.31m), Chelsea are unlikely to consider any request to part ways with the right-sided player.