A Spanish press report revealed the latest developments regarding the future of Real Madrid midfielder Luka Modric, whose contract ends at the end of June.

According to the Spanish newspaper "Marca", an upcoming meeting between Luka Modric and Florentino Perez is set to determine the future of the Croatian star.

The source added that Modric's idea is to renew his contract for an additional season, then play in the World Cup with Croatia, after which he will hang up his boots.

The newspaper indicated that Modric does not mind accepting any new terms in his new contract with the royal club.

The newspaper concluded that the Croatian star contacted Xabi Alonso before the last match against Real Mallorca in the league to know his plans and ideas.