Real Madrid are set to make a formal offer for River Plate's Exequiel Palacios, according to the midfielder's agent.
Renato Corsi said River Plate are expected to sell the 20-year-old, but he won't move to Real Madrid until the summer, according to Marca.
"The leaders of River got together with Real Madrid in Abu Dhabi. In the coming days there will be a formal offer and the operation is quite advanced.
"The family, Exequiel and I want him to go in June and Real Madrid don't have a problem with him staying at River until then.