Real Madrid are considering a bid from Juventus in the region of £88m for Cristiano Ronaldo, Sky sources understand.
Sky Sports News understand Real are yet to accept or reject the proposal.
Ronaldo prompted questions about his future after their 3-1 Champions League final victory over Liverpool in Kiev, promising an announcement "soon."
It now appears Juventus have made the first move to lure him away from the club he joined from Manchester United in 2009.
Sky in Italy have stated the Turin club were evaluating if it is feasible from a financial point of view.
Portugal international Ronaldo would command very high wages, even at the age of 33.