There had been suggestions that the Spain international would be given the chance to make his mark under returning head coach Carlo Ancelotti during the 2021-22 campaign.
However, according to AS, Ancelotti's arrival has not changed the situation, with Los Blancos still keen on selling the playmaker before the transfer deadline.
The report claims that Isco is also open to moving on, as he wants to secure regular football next season in order to stand a chance of making the Spain squad for the 2022 World Cup.
The former Malaga youngster has won two La Liga titles and four Champions League crowns during his time in the Spanish capital. body check tags ::