Arsenal on alert: Real Madrid ready to sell £50m-rated South American forward

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Real Madrid head-coach Zinedine Zidane has reportedly ruled out a return of James Rodriguez to Santiago Bernabeu, forcing the club to offload the Colombian attacker for a cut-price fee.

The 27-year-old attacker has two-year loan deal with Bayern Munich expire after the end of the current campaign, and there is no agreement in place with the German club to make his move permanent and he is unlikely to have a future for Zinedine Zidane.

With French manager, the man who sent the Colombian forward out on loan has made a return for a second spell in charge, it appears as though a permanent exit of James Rodriguez is on the cards.

According to reports in the Spanish press, the 27-year-old will be sold around £50m this summer and James Rodriguez has been linked with a move to the Premier League.

Colombia international supposedly dreams of competing in the Premier League, with Liverpool and Arsenal possible options, while Serie A giants Napoli are another contender to lure him at Stadio Sao Paolo as ex-Real boss Carlo Ancelotti is keen on to secure the services of James Rodriguez.

Meanwhile, another Real Madrid star Isco has been rumoured with a switch to both Liverpool and Arsenal as they are keen on to strengthen their midfield options ahead of the next season, however, after the return of Zinedine Zidane he could remain at Santiago Bernabeu.