The Premier League side, knowing the player’s desire to leave, have indicated a willingness to discuss the deal.
A fee in the region of £100 million may yet be agreed to bring the Welshman to the Bernabeu, according to some reports.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.