Luka Modric is allegedly in line to hold discussions over a new contract with Real Madrid.

While the veteran has been a key player for Los Blancos since his arrival in 2012, club officials are currently looking at ways to reduce their wage bill.

The Croatia international is now 35 years of age, meaning that fresh terms for the playmaker is far from a foregone conclusion.

Nevertheless, AS claims that Modric has 'won the right' to be offered the chance to pen fresh terms at the Bernabeu.

Despite negotiations being yet to commence, the report says that Modric proved his worth during the club's 1-0 victory at Sevilla on Saturday afternoon.

Modric will be in a position to hold talks with foreign clubs in January if the Real board do not succeed with discussions.