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Real Madrid considering shock James Rodriguez transfer with Everton star willing to slash pay to return

REAL MADRID are interested in signing Everton star James Rodriguez, according to reports.

Carlo Ancelotti, who returned to Madrid from Everton earlier this month, is believed to be keen on reuniting with the Colombian once again.

Rodriguez, 29, joined the Toffees last summer after six years with Los Blancos.

He was signed by Ancelotti in 2014 and the Italian then signed him on loan at Bayern Munich before taking Rodriguez to Everton on a permanent basis.

And now Florentino Perez has reluctantly turned his attention to the creative midfielder, at the request of Ancelotti, report Sport.

Rodriguez would reportedly accept a reduction in salary to return to the Bernabeu.

The report also hints at Rodriguez being keen on a move if Rafa Bentiez is appointed Everton manager.

The pair clashed while at Real Madrid in 2015, with Rodriguez experiencing a dip in form at the beginning of the 2015/16 campaign, having scored 13 and assisted 13 league goals in the season prior to Benitez's arrival.

Ancelotti was in charge for that campaign, and that may be why he is keen to lure Rodriguez back to the Spanish capital.

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And the Madrid boss is also said to be keen on Dominic Calvert-Lewin.

The striker could be available for as little as £50million due to Everton's need to sell raise funds to meet financial fair play rules.

Ancelotti's departure could prove costly for Everton in more ways than one.

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