"Madrid don't discard an option until it is truly impossible, " said Real sporting director Miguel Pardeza.

BBC: Alonso remains a target for Real

Pardeza also revealed that Real currently have no plans to attempt to sign Arsenal and Spain midfielder Cesc Fabregas.

BBC: Alonso remains a target for Real

"He's a great player, without a doubt but, at the moment, he is not a Real Madrid target, " said Pardeza.

BBC: Alonso remains a target for Real

"There are negotiations and we're just about at the point where the player needs to make a decision, " said Pardeza.

BBC: Alonso remains a target for Real