Real Madrid preparing £20m bid for Chelsea's Romelu Lukaku?

Real Madrid are preparing a bid for Chelsea's Romelu Lukaku as a replacement for the outgoing Alvaro Morata, according to reports.

The future of the Belgium international has been up in the air all summer, with Everton hoping to strike a permanent deal for the man they had on loan last season.

However, The Express suggests that Real will pay up to £20m for the 21-year-old, who has now fallen further down the Stamford Bridge pecking order following the return of Didier Drogba.

Madrid boss Carlo Ancelotti now has Karim Benzema as his only striker and is eyeing Lukaku and Monaco's Radamel Falcao as potential reinforcements.

Lukaku netted 15 times for Everton during his loan spell last term.