REAL MADRID have reportedly offered Lucas Vazquez a bumper new deal to ward off interest from Manchester United and Chelsea.
The winger, 29, is out of contract at the end of the season and negotiations have been slowed by the club's financial trouble.
The coronavirus pandemic and expensive Bernabeu revamp initially led to talk of his existing £60,000-a-week contract being offered again, only with a ten per cent pay cut due to the circumstances.
However, Spanish outlet AS now report of a fresh proposal worth £84,000-a-week.
It is said Vazquez wants to stay in Madrid having come through the club's famed La Fabrica academy to make his debut in 2015.
Since then, he has become a vital option on the right side of midfield and defence for Zinedine Zidane, playing 34 times this season.
Interest was reportedly strong from both United and Chelsea as they look to formulate a Premier League title bid next campaign.
Bayern Munich, Paris Saint-Germain and Everton were also named in gossip column rumours.
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I was and will always be a Real Madrid man.
But all signs now point to Vazquez putting pen to paper on a three-year deal with Real, which also includes the option of a further season.
He declared in a pre-match press conference last month: "What I concentrate on is the present.
"I'm really enjoying myself this season because I'm playing and that's what makes me happy.
"I was and will always be a Real Madrid man."
Los Blancos are also targeting a new deal for captain Sergio Ramos.
The centre-back is reportedly tussling over his future with the offer of a one-year extension on the table before his deal runs out next month.
Currently sat second in LaLiga, the Spanish giants face Osasuna on Saturday before travelling to Chelsea for the second leg of their Champions League semi-final.
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