Bayern Munich's Austrian defender David Alaba is set to join Real Madrid after the Spanish giants offered the 28-year-old £165,000-per-week and a £17m bonus.

Chelsea and Liverpool are trying to get David Alaba to change his mind about joining Real Madrid.

Chelsea will only move for David Alaba - whose contract at Bayern Munich expires in the summer - if the Austria left-back, 28, lowers his £400,000-per-week wage demands.

Chelsea will attempt to beat Real Madrid to the signing of Bayern Munich's Austria defender David Alaba, 28, who is set to leave the German champions when his contract expires at the end of the season.

Liverpool have been handed a boost in their pursuit of a defender for the January transfer window after Bayern Munich's contract talks with David Alaba collapsed.