Real Madrid are allegedly preparing to open discussions with Toni Kroos over a 12-month contract extension.
The German star’s current deal at the Santiago Bernabeu outfit is due to expire in the summer of 2023, and there has recently been talk surrounding his long-term future with Carlo Ancelotti’s side.
Both the Reds and the Citizens have been strongly linked with the former Bayern Munich man amid suggestions that Los Blancos could be prepared to let him move on during next summer’s transfer market.
Meanwhile, Paris Saint-Germain and Newcastle United are also said to be showing an interest in the 31-year-old midfielder, who has scored once in eight matches at club level this campaign.
However, according to Italian journalist Nicolo Schira, the Galacticos are preparing to open negotiations with the player over a contract extension until the summer of 2024.
Toni missed the start of the season through injury but has recovered to feature in his team’s last five La Liga games, in addition to their last three UEFA Champions League fixtures.
Elsewhere, Liverpool have pinpointed Real Sociedad star, Mikel Merino, as an alternative option to Borussia Dortmund’s Jude Bellingham, according to the latest reports.