Real Madrid are set to cut their losses on Eden Hazard and accept just €35m (£29.8m) for the Belgian, according to reports in Spain.
Madrid had hoped to sell Hazard for around €50m (£42.7m) but have now been forced to drop their asking price, according to Fichajes.
Hazard, 30, is deemed surplus to requirements at the Bernebeu – less than three years after joining the club from Chelsea in a deal worth up to £130m.
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The Belgium international has struggled for both fitness and form since arriving in the Spanish capital in 2019.
He has managed just five goals in his 56 games for the La Liga leaders, compared to 110 goals in 352 games while at Chelsea.
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Madrid president Florentino Perez has lost patience with Hazard and is now ready to sell, with a number of Premier League clubs reportedly interested in the winger.
Earlier this month, Spanish newspaper El Nacional claimed Madrid had rejected a £21m offer for Hazard from West Ham.
Newcastle and Everton have also been linked with the former Lille winger.
El Nacional claim Hazard has already turned down an opportunity to move to St James’ Park on a lucrative contract.
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Newcastle’s new ownership are reportedly keen to make Hazard their first major signing since their takeover of the club.
However, the Belgian does not want to move to a club currently under the threat of relegation and would prefer a return to London.
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Meanwhile, Madrid head coach Ancelotti has said he will not stand in Hazard’s way if he wants to leave the club.
Speaking back in October, Ancelotti said: "Never in my career as a coach have I forced a player to stay when they want to leave.
"Hazard is ready, but his problem right now is that he has a coach who prefers other players, which can happen in a squad like this one."
Featured Image Credit: AlamyTopics: Real Madrid, Eden Hazard, Transfers, Premier League, Newcastle United, West Ham United, Everton, La Liga