Spanish media report that Madrid have agreement with player.
Real Madrid have agreed on personal terms with Napoli striker Edinson Cavani, according to reports in Spanish newspaper Sport.
The Uruguayan international has been linked with a move away from the San Paolo this summer, with speculation in mid-week suggesting a move to England was more likely.
Club owner Aurelio De Laurentiis revealed he would send sporting director Riccardo Bigon to speak with Manchester City about the prospect of signing Cavani, with Eden Dzeko heading in the opposite direction.
However, this latest rumour as reported by football-italia.net, suggests that the 26-year-old has come to an agreement with Madrid, who have been rumoured to be his preferred destination should he leave Italy in the next few months.
While the player has agreed terms, the two clubs have not as Madrid must activate his €63m buy-out clause if Napoli are going to be willing sellers.
De Laurentiis inserted the clause last summer when Cavani signed a new improved contract, and has repeatedly told interested clubs that the player would not leave for anything less.
President Florentino Perez is reportedly ready to use Cavani as a publicity tool in a bid to improve his popularity ahead of the elections, and is willing to offer around €45m plus players as part of the deal.
It is unlikely that Napoli will accept, and with no official word from either club on the matter it is unclear at this stage as to whether Cavani is set for a move to the Spanish capital this summer.
However, the player himself made it clear his immediate thoughts are about his current employers and he will think about his future after going on international duty.