The Spain international had spoken to Los Blancos about extending his contract beyond this campaign, but these discussions are believed to have reached an impasse.
It is rumored that Ramos will be working on a three-year deal for asked for his current salary, which Madrid – which is in the process of cutting costs – cannot match.
According to Jose Ch Peduiter, moderator of El Chiringuito, Madrid bosses have now accepted that the 34-year-old won’t be at the Bernabeu at the end of the summer window.
Paris Saint-Germain are widely believed to be the favorites to win Ramos on a free transfer after allegedly giving him a € 15m per season contract over the next three years ago.
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