Spanish giants Real Madrid are preparing to sign Kepa Arrizabalaga permanently.

The La Liga side are ready to do business with Chelsea to secure the Spanish keeper.

Kepa, who was no longer wanted at Chelsea, has been excellent for Real as first choice.

He was a late loan signing by the Madrid giants for the purpose of replacing the injured Thibaut Courtois.

Kepa, who is now 29, still has 20 months remaining on his Chelsea contract.

However, Real are eager to do a deal, while he is willing to take a pay cut on his £176,000-a-week wages.