Real Madrid will reportedly offer Liverpool £26m for winger Raheem Sterling this summer.
The 20-year-old has become a key figure at Anfield, making 31 appearances and scoring seven goals this season.
The England international is believed to be in talks with Liverpool regarding a new contract, but a deal is yet to be agreed.
Chelsea are reportedly keeping tabs on Sterling's situation and could be ready to pounce if he decides that his future lies elsewhere.
Real are prepared to pay £26m to take Sterling to Spain, according to The Express.
Contract talks between Sterling and Liverpool have reportedly stalled over the player's wage demands.
