The Belgian footballer has been linked with a move to the Spanish club for some time and according to the Sun, a fee has now been agreed for the 28-year-old.
Real Madrid president, Florentino Perez told the Sun: ‘We are working on a project to make people dream again, where we recover our hunger and ambition. I have already lived through this stage before.
Chelsea to sell Eden Hazard to Real Madrid for £115million, with the Belgian playmaker set to sign a deal worth £400,000 per week.
‘I have a dream that Hazard will arrive this year. Let’s make a good team this year.
‘I am very interested in him coming to Real Madrid and I am very hopeful that he will come this year. He’s one of the great footballers.
‘Last year we wanted him, but this year he only has one year left on his contract and it is easier.’
Chelsea will receive £100m with a possible further £15m in add-ons for the former Lille player. The Belgian playmaker is expected to sign a deal worth £400,000 per week.