Cole is linked with a surprise switch to the Bernabeu.
Real Madrid head coach Carlo Ancelotti is eyeing up a move for one of his former Chelsea players in out-of-favour left-back Ashley Cole, according to the Mirror.
Cole played under the Italian for two years between 2009 and 2010, with the Blues winning the double of FA Cup and Premier League in that first season.
However, the 33-year-old has struggled with form and fitness this term and has lost his place in the starting XI under Jose Mourinho to Cesar Azpilicueta.
Cole has managed 20 appearances in all competitions for the west London side, although much of those came in the early part of the campaign before Azpilicueta asserted himself as the preferred choice.
Ancelotti views the England international – who is out of contract in the summer – as the perfect guide to a younger understudy; which is likely to be Sevilla’s impressive 21-year-old Alberto Moreno.
Cole has been viewed as one of the best full-backs of the last 10 years in world football and has plenty of experience – winning three league titles with two different clubs, the Champions League and a record seven FA Cups.
The Englishman also has 107 caps for the national team and has performed well at the top level of football since breaking into the Arsenal first team in 1999.
Previously the defender has been linked with a switch to MLS and one last pay day in America, but the lure of the Santiago Bernabeu is likely to be too good to refuse.
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