The Canada international has accepted a contract offer from Real, but talks between the two clubs are yet to kickoff.
Okdiario's chief pundit Eduardo Inda, speaking on El Chiringuito, is reporting: "Madrid loves Alphonso Davies, I told this a year ago.
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"The problem is that Bayern asks for 70 million euros for a player who has one year left on his contract.
"At Real Madrid they see the possibility of offering an amount of money and Ferland Mendy..."