Sami Khedira handed contract ultimatum by Real Madrid

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Real Madrid are so fed up over a lack of progress in contract talks with Sami Khedira that the World Cup winner will be sold to the highest bidder, unless his representatives managed to strike an agreement before the January transfer window opens.

That is according to the Daily Mail, who today report that Madrid are planning further talks with Khedira in a bid to finally close an agreement over his long-term future, but contingencies to stop the midfield maestro leaving for nothing when his contract expires next summer are already in place.

Arsenal, Manchester United and Chelsea are all monitoring the situation very closely with a view to a January offer, with Madrid all set to auction Khedira off to the highest bidder if a compromise can't be reached over the next two months.

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Alonso sale hasn't altered Khedira's contract stance

Madrid made it clear that Khedira still has a place in Carlo Ancelotti's plans earlier this summer by surprisingly selling Xabi Alonso to Bayern Munich.

Until that point the dynamic midfielder looked all set to force through a move to the Premier League, with Arsenal pursuing the possibility before eventually deciding they couldn't come close to matching his £200,000-a-week wage packet in La Liga.

Ancelotti's show of faith in one of the World Cup's top performers hasn't been enough to force a breakthrough in protracted contract talks that show no sign of finding a resolution.

Unless there's a surprising change of heart from Khedira then we have all the makings of a triple transfer tussle the window opens, but it remains to be seen who stumps up the clash for a proven commodity at the highest level for club and country.

Most likely destination?

Arsenal manager Arsene Wenger is a known admirer of Khedira and the feeling is mutual, with the 27-year-old a fan of his football philosophy and a commitment to attacking football.

You have to feel that Wenger would've got the Khedira deal signed and sealed in August if it was priority though, which paves the way for new interest from United to be rewarded with yet another marquee addition to their star-studded squad.

United are looking into the possibility of a £10 million deal and have a good relationship with the power brokers at Real Madrid, as proved by recent deals involving Angel di Maria and Javier Hernandez.

Chelsea boss Jose Mourinho's interest also can't be discounted in a player he afforded top billing during his time in the Spanish capital, the ultimate transfer pragmatist who would definitely sign a player just so a direct title rival wasn't strengthened.

All three must wait for the outcome of last-ditch contract talks aimed at putting a potential transfer on ice though, so it's a case of watch this space for the Premier League trio for the time being.

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