Manchester United and Arsenal are also reportedly interested in securing his services.
Alex Oxlade-Chamberlain will enter the final two-years of his contract at the end of the current campaign.
Ibrahimovic was dismissed in a Champions League match last year.
The clubs in English football's top flight have "unanimously agreed" to the price cap.
German newspaper Express claims €100m move to Real is already agreed.
The 22-year-old suffered ankle ligament damage last month but is already back in contention.
The 17-year-old midfielder has revealed the move is the fulfilment of a long-term ambition.
The Premier League giants, as well as Real Madrid and Bayern Munich, are reportedly monitoring the situation.
German manager joined the Anfield club amid much fanfare in October 2015.
The former Spurs and Southampton boss says he would be interested if role became available.
Arsene Wenger is on course to win his seventh FA Cup trophy as manager of Arsenal.
Former world number one's attorney hopeful Sharapova's medical condition will see her spared.
Renovation of Europe's biggest stadium set to start during the 2017/18 campaign.
Zouma's season was curtailed in February during the 1-1 draw with Manchester United.
Giroud scored his first goal since mid-January, while Walcott scored his first goal since December 2015.
Valencia has not played since undergoing foot surgery in November.
Hazard has scored just two goals in all competitions this season.
Gary Neville's side face test of their mettle at San Mames. Find out where to watch the match live in the UK.
Jamie Vardy signed a new contract in February to remain with Leicester City until 2019.
Chelsea host PSG in the second leg of the round of 16 tie in the Champions League. Find out where to watch the game live in the UK.
Ian Wright believes there is still time in the season and a Wenger Out banner isn't the need of the day.
Jack Wilshere has not hit a single ball this season after breaking his foot in pre-season.
Arsenal suffer triple injury blow as they beat Hull City to progress to quarter finals of FA Cup on 8 March.
Dele Alli is banned for Tottenham's Europa League last 16 first-leg clash against Dortmund after picking up three yellow cards.
Schweinsteiger could return for United's second leg Europa League clash against Liverpool after recovering from knee injury.
Pato has still featured for the Premier League side since his January arrival.
Aaron Ramsey has a thigh problem but Per Mertesacker and Gabriel should make quick recoveries.
Hiddink defends Costa after Laurent Blanc warns his players to stay cool around the Spaniard.
Clinton N'Jieis yet to play since Spurs victory over Monaco on 10 December.
John Terry has also now confirmed that he will definitely miss the Champions League clash.