James Rodriguez is set for a £40million move to Real Madrid - if the Champions League winners can offload Angel Di Maria.

The Colombian playmaker has emerged as one of the stars of this summer's World Cup after his five goals in four games helped guide his side to a quarter-final against Brazil.

And Madrid are ready to start negotiations with his current club Monaco, according to reports in Spain.

Chairman Florentino Perez will lead the talks, confident that the player is keen to move.

But with a midfield already boasting the likes of Gareth Bale and Luka Modric, the Bernabeu side will look to sell Di Maria to accommodate the 22-year-old former Porto player.