Fabregas has found game time hard to come by at Chelsea this season.
The Spain international has flitted in and out of the side under Antonio Conte, with N'Golo Kante and Nemanja Matic often preferred in his place.
AC Milan and West Ham have been linked with moves to rescue him from his Stamford Bridge misery.
Five most likely summer deals according to the bookies
Wed, February 1, 2017
Express Sport takes a look at the five most likely deals that could happen this summer. Odds provided by BetStars
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Griezmann to the Premier League – Man Utd 15/8, Chelsea 6/1, Man City 8/1
Chelsea ace Cesc Fabregas is wanted by Real Madrid
Chelsea ace Cesc Fabregas scored against Arsenal at the weekend
But Spanish outlet Diario Gol claim Real Madrid are ready to move for him this summer.
It is said Madrid boss Zinedine Zidane wants to sign a playmaker with 'Barcelona DNA'.
Fabregas started his career at Barcelona and spent three years in their first team before moving to Chelsea in 2014.
Cesc Fabregas used to play for Barcelona
Zidane wants to sign the midfielder with the likes of James Rodriguez and Isco struggling for form.
It is reported Chelsea are ready to cash in on Fabregas at the end of the season.
And Madrid are ready to make a move – dealing a big blow to Barcelona in the process.