Real Madrid are reportedly confident of landing Tottenham playmaker Luka Modric, with the transfer saga surrounding White Hart Lane finally looking to come to an end.

Modric has been unhappy at Spurs for the past year, and despite handing in a transfer request, the star had to stay at the club last summer amongst a £40 million bid from Chelsea.

This time around though, Tottenham have admitted they would consider offloading Modric after he told the side once more that he wants to move on.

Andre Villas-Boas told reporters: "His situation will continue as it is until the price is right.

"It's important to understand his feelings. We have been speaking and I understand his point and he understands the club's point."

Luka Modric
Luka Modric is contracted to Tottenham until 2016.

And now the Guardian understands that Real Madrid president Florentino Perez is confident that the club will have the funds to land Modric, though he is hopeful that he can get hold of the Croatia international for less than the £40 million benchmark set last summer.

PSG were also believed to be chasing Modric, with Carlo Ancelotti revealing that he admired his style at Tottenham.

"I did not need to see him at the Euro to know how much talent he has," he said at the beginning of the month. "I knew his capabilities before. Now he has confirmed his high quality for those who did not know."

But Modric reportedly prefers a move to Madrid, particularly with their established presence in the Champions League, and their recent La Liga title win.

For Tottenham, the move could come as a blessing in disguise, with the club currently working hard to shore up Emmanuel Adebayor on a permanent deal.

Adebayor is currently having issues with the north London club over wages, and if Daniel Levy is able to free up some cash, then the striker will no doubt leave Manchester City for White Hart Lane.