Chelsea have been linked with the Spanish forward for some time; a man who moved back to Real this summer from Juventus under a buy-back clause.
It states that £35 million cash could be heading Chelsea's way if a deal were to be done, with Real valuing Morata at around £40 million.
The report does state that Chelsea are keen to keep hold of the Belgian, who had a disappointing season last term and will be hoping he can rediscover the kind of form that inspired their 2015 Premier League title triumph under incoming manager Antonio Conte, who is currently presiding over Italy's Euro 2016 campaign.
One wonders just how much Chelsea would consider an offer given it appears they have an agreement in place for a striker in Marseille's Michy Batshuayi.
It is a question of the amount of striking resources that Conte would like at his disposal going into next season, and whether it is worth sacrificing a talent like Hazard in the process.
One doubts that Conte would like to lose a player as talented as Hazard but it will be interesting to see if this story does develop any further in the near future.