Real Madrid are preparing to offer €12m for Juventus’ James Rodriguez, according to the Mirror.
The player’s agent has told the paper that the Spanish giants are in negotiations with Real about an offer that could be worth up to €12.5m.
It is believed the two sides are in the process of negotiating an agreement, which will then be ratified by both clubs.
Real have also been in talks with Real Sociedad and Roma about signing Rodriguez.
The Mirror reported that Madrid and Real are set to negotiate a fee for Rodriguez, which could run into the hundreds of millions.
The 22-year-old was once considered one of the best players in Serie A but has struggled to break into the first team at Juventus.