The Los Blancos are now reportedly negotiating a loan deal which will see Kovacic leave on a short-term deal.
This is a win-win solution for the club and player, as both sides get what they want.
Kovacic will get more playing time while Madrid gets to keep their player.
The Croatian is said to have returned to training after being informed of the current situation.
His new destination should be revealed today with Chelsea heavily linked.
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