Hazard is high up on Real's summer shopping list and Starsport understands the Spaniards are willing to fork out £100m to land the Belgium international.
And according to Spanish journalist Eduardo Inda, the La Liga giants are already negotiating a deal for the PFA Player of the Year.
Inda claims talks over a summer transfer are 'very advanced' and that the 10-time European Cup winners could land Hazard for a knockdown price of £20m.