Real Madrid have reportedly rejected a £20m approach from Chelsea for midfielder Isco.
The La Liga giants have rebuffed offers from the Blues and Juventus because they do not wish to part with the playmaker, according to The Mirror.
The 23-year-old, who was previously linked with Manchester City, joined Real from Malaga two seasons ago in a deal worth £23m.
Meanwhile, Juventus are reportedly targeting Chelsea playmaker Oscar and are hoping to recruit the Brazilian on a one-year loan with the option to sign him for £12m after that.
