The 30-year-old Belgian winger has failed to make an impact at Madrid and is now deemed as surplus to Carlo Ancelotti’s plans at the Spanish club.
Los Blancos splashed out an initial £89m to land Hazard from Chelsea in 2019, with the deal potentially rising by another £60m through add-ons.
Hazard, who has been plagued with injuries since his transfer to Madrid, has made 11 appearances for the La Liga club and registered only a single assist this season.
According to the Sunday Mirror, Madrid are now ready to cut ties with the Belgium international and are only demanding £21m for Hazard.
Hazard has been linked with a sensational return to the Premier League, with Everton, West Ham and Newcastle all interested in the Madrid flop.
The Mirror claims that Hazard has been informed that he can leave the Spanish capital and Madrid would be ‘ready to accept £21m’ for the former Chelsea ace.
Madrid would also be willing to send Hazard out on loan in January so long as a club commits to buying him in the summer of 2022.
The Los Blancos winger is one of the club’s highest-paid players alongside Madrid wantaway Gareth Bale, who is out of contract next summer.
Hazard is reportedly on a hefty £416,000-a-week contract at Madrid, with Los Blancos desperate to offload both him and Bale in a bid to free up wages.
Thibaut Courtois has admitted that it is a “shame it hasn't worked out” for Belgium and Madrid teammate Hazard at the La Liga club.
“I have known Eden for a long time and know that his dream was to play for Real Madrid. It's a shame it hasn't worked out yet as everyone would like it to,” he said.
“I can see that he has got the desire, joy and he wants to help the team. He is looking to improve.
“It's not easy to take back your best form when you haven't played for the last two and a half years.
“He has showed in his entire career he is one of the best players in the world. He hasn't been able to show it lately, but that talent is not gone and I am sure he will get back, so we cannot kill him believing he is an average player because he is not.”
Featured Image Credit: PA
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