The Malaga player was tipped to follow Manuel Pellegrini in swapping the Spanish side for Manchester City.
However the lure of Real Madrid seems to have swung the race their way as Isco closes in on a decision on his future.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.