Inter Milan strike personal terms with Real Madrid midfielder Modric

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The midfielder has been linked with clubs such as Inter Milan and Manchester United in this window.

Speaking after Madrid's 3-1 win over Juventus in the International Champions Cup on Saturday, Lopetegui pointed to Perez's statement as definitive.

Real Madrid president Florentino Perez has dismissed any real chance of Luka Modric's departure by declaring that any buyer must pay his €750 million (£670m/$870m) release clause.

The report claims that Kovacic has met with the club's board, as well as with new manager Julen Lopetegui, to discuss his wishes to leave, but no progress has been made.

Though this seems a little unorthodox, it could become commonplace under FFP rules as clubs will go to extreme lengths to get the players they need to compete.

"The president [Florentino Perez] was clear and unequivocal", Lopetegui said.

"We are calm and counting on him, we hope he returns to enjoy Madrid, I have no doubt that he will stay", Vazquez said.

While reports said the Serie A side had agreed a deal with Bayern Munich's Arturo Vidal, Goal understands the Chilean midfielder is close to joining Real Madrid's La Liga rivals Barcelona.

'Modric is an extraordinary player, we await him with open arms.

'I told him he was a player I'm passionate about, I love him and he knows it.

Modric joined Real Madrid in the year 2012.

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