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Chelsea could accept an agreement for the delegation Mateo Kovacic, despite their possible embargo on transfers.
The Blues are waiting for the outcome of their call against the embargo that would prohibit them from registering players this summer.
But Los Blancos have offered Londoners the opportunity to extend Kovacic's loan to Stamford Bridge for another season.
However, it would come with a mandatory option to buy a contract of around £ 26 million, which, according to Real, must be signed by May 5.
This could be a problem, but it is understood that extending an existing loan would be a way around the problem.
Kovacic wants to stay in London and does not appear in Zinedine Zidane's plans in the Spanish capital.
But the Croatian has only 14 starts in the Premier League, having failed to score and having allowed only two badists.
Despite his difficulties, Maurizio Sarri recently said that he wanted to keep the midfielder.
"I would love Kovacic to stay with us," said the Italian.
"You know very well that in this position we have some problems because we only have Jorginho. In my opinion, Kovacic could become a very good central midfielder. "
Kovacic has not started for the Blues since winning 2-1 against Cardiff last month, playing twice as a substitute in the four games in the meantime.
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