Rafael Benitez is set to make Espanyol winger Lucas Vazquez his first signing since taking over coaching at Real Madrid, Goal reports.
The winger came through the Real Madrid youth system after joining them at the age of 16 and became a regular for the B team, but he was sent to Espanyol last season.
The 23-year-old scored three and set up a further six goals in 33 La Liga appearances in 2014/15 season and the Catalan club moved to activate their option to purchase his contract outright, although Madrid held an option to buy him back either this summer or next year.
The two sides are negotiating a fee, believed to be about €1 million, which will see the player return to the capital this summer, although Espanyol will hold on to 25 per cent of his rights.
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