Real Madrid are confident of beating Chelsea to the signing of Luka Modric and have offered Tottenham Ricardo Carvalho as part of the deal.
The Spanish champions are unmoved by Chelsea re-entering the race and believe they have already seen off interest from Manchester United in the Croatia midfielder.
The Bernabeu hierarchy are confident that Modric’s desire to join them gives them a clear advantage, even if they have been reluctant to meet Spurs’ £35million asking price.
The new offer would be £28m plus former Chelsea defender Carvalho, according to Madrid newspaper AS, at the request of new White Hart Lane boss Andre Villas-Boas.
An earlier plan to include Nuri Sahin in the deal fell through when the Turkey midfielder refused to consider a move to north London.