According to a recent report in The Sun, Spanish giants Madrid will launch a £60 million bid for the Belgium international striker.
In a press release, Richard Marsh of Ladbrokes News said: ”Real Madrid are favourites to grant Lukaku's wish of Champions League football as Everton prepare themselves for a nervous summer.”
Ladbrokes latest odds: Romelu Lukaku's next club
Real Madrid - 4/1
Man Utd - 6/1
Man City - 7/1
Chelsea - 8/1
Arsenal - 10/1
Barcelona - 10/1
Bayern Munich - 12/1
Liverpool - 20/1
It is interesting that Ladbrokes have made Manchester United as second favourites to sign Lukaku.
United do need to sign a proven goalscorer in the summer transfer window in order to ease the burden on 20-year-old striker Anthony Martial.
Manchester City, Chelsea and Arsenal all could be looking to sign strikers at the end of the season, but it is unlikely that Lukaku will rejoin the Blues after his departure from Stamford Bridge in 2014.
Barcelona and Bayern Munich do not have any immediate requirements of a striker, but it is intriguing to find that Liverpool are at 20/1 to sign the youngster.
Everton are unlikely to sell the Belgian to Merseyside rivals Liverpool, but the fact that the Reds are even in the bookmakers’ list of potential clubs for Lukaku is fascinating.