Chelsea have warned Real Madrid they will have to smash their transfer record, to sign Eden Hazard this summer, according to the UK Telegraph.
Hazard has 18 months to run on his deal at Stamford Bridge and is mulling over a move to the Bernabeu.
The LaLiga giants were keen on signing Hazard last summer, but manager Maurizio Sarri convinced him to stay in west London.
Hazard has admitted he will wait until the end of the season before making a decision on his future, by which point he will only have a year remaining on his deal.
Real are likely to heavily invest this summer, after a difficult season following the departures of Cristiano Ronaldo and Zinedine Zidane.
The club's record move remains the £87.5million they shelled out for Gareth Bale from Tottenham in 2013.