Report: Asier Illarramendi heading for Porto loan

Real Madrid midfielder Asier Illarramendi could reportedly join Porto on loan this summer.

The Spaniard moved to Madrid from Real Sociedad last summer, but struggled to make a serious impact.

The midfielder is still seen as a key player for the future, but it is understood that Madrid boss Carlo Ancelotti wants to send Illarramendi on loan for the 2014-15 campaign.

According to A Bola, Porto have emerged as the favourites due to the presence of former Spain Under-21 coach Julen Lopetegui, who is the Portuguese side's manager.

A number of European clubs are believed to be monitoring proceedings.