Goal reports that Madrid will not enter further talks with Arsenal over a potential transfer.
Juventus chief executive Beppe Marotta has revealed that Alvaro Morata will return to Real Madrid this summer for £23 million.
The Spanish club have a buy-back clause on the striker who rose through the youth ranks at Real Madrid and joined Juve back in 2014.
According to Don Balon, Morata is available for £30m as Zinedine Zidane’s side looks to make a quick profit.
However, Goal states that Negotiations have completely stopped for the 23-year-old after the Spanish side set their asking price at €75 million, meaning any eventual move would have broken the British record transfer fee spent.
Morata became Spain’s main striker ahead of Euro 2016 after scoring 27 goals in 93 games.