Ramos has been at Real since moving from Sevilla for €27 million in 2005, at just 19-years-old, but deal in the Spanish capital ends at the end of the season.
It's not the first time that there's been rumour Ramos could leave the Bernabeu but with just a month until the season finishes with the Champions League final, it seems an actual possibility this time.
The Real captain could walk away for nothing at the end of the season but according to reports there is a bit of a break through, as the 35-year-old is ready to agree a wage cut.
According to Spanish outlet ABC Deportes, the centre back would take a 10% pay cut on his next contract if he's offered a two year deal.
Up to now Real have reportedly only offered a one year deal and suggested Ramos take one year deals from here on out, but the Spain defender wants longer.
The report claims that Ramos and his family do prefer to stay in the Spanish capital, for non football reasons as well as those on the pitch.
The World Cup winner wants to create history with a single club, like some other legends of the games, despite coming from Sevilla as a teenager.
Ramos was linked with a move to Manchester United six years ago, when his deal only had 18 months left, but after long drawn out negotiations he stayed in Spain, the 13 times European champions want to avoid that this time round.
Despite his advancing years, Ramos is still extremely important to Zinedine Zidane's team and has scored four goals this season, as Real chase a potential La Liga and Champions League double.
They missed his expertise in defence on Tuesday, as they drew 1-1 with Chelsea in the Champions League semi final first leg.
Ramos was spotted in the stands playing every ball and trying to head in Raphael Varane's late chance that was missed.
Real's need to keep hold of Ramos is increased by rumours that Varane could also leave in the summer, with the Frenchman having just a year left on his deal.
Featured Image Credit: PA
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