The 35-year-old’s existing contract in the Spanish capital expires in June, he is free to talk about the terms of the previous contract with other clubs next month.
But Marca reports that Modric has reached a previous agreement to remain at Real Madrid until 2022, accelerating Tottenham’s hopes of signing the former midfielder again.
Jose Mourinho has reportedly been interested in taking Modric back to north London this summer.
The Spurs manager has already effectively brought a Real Madrid player to the Premier League with the signing of Gareth Bale’s transfer.
Mourinho in the past controlled Modric his last season at the helm of Real in 2012-13.
However, the Croatian’s recent form for Zinedine Zidane’s appearance has persuaded the Royal hierarchy to offer him an extension.
It would have to reduce the lucrative donations of Qatar and the MLS to stay with the Spanish giants.
It had already been reported that the winner of the 2018 Ballon d’Or was willing to settle for a pay cut to stay in Los Blancos beyond next summer, and last month said he was looking to finish his club career.
As a result, his new deal is to win him less than his previous terms.
His new contract will be seen for a decade as a Real Madrid player, having left the Spurs for 30 million pounds in 2012.
In eight and a half years with Real Madrid, Modric has won 16 trophies, adding up to 4 Champions League victories and two La Liga titles.
One player facing a dubious career at Bernabéu is Captain Sergio Ramos.
The defender’s existing contract also expires in June and he has still agreed to an extension with Real.
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