HITC Sport understands English and Spanish sides are tracking Croatian striker.
The Croatia star fears his season is over after straining knee ligaments in Real's weekend win over Malaga.
Malaga’s Portuguese international Eliseu has been linked with a move to Spurs.
Manchester City manager Manuel Pellegrini has spoken of his desire to loan out striker John Guidetti to former club Malaga
Malaga goalkeeper Willy Caballero has responded to Manchester City’s reported interest.
Manchester City defender Martin Demichelis is suing former club Malaga over non-payments.
The arrival of former sporting director Mario Husillos has given Malaga a new edge in the transfer market
Manchester City and Tottenham have reportedly set their sights on Malaga's Spain Under 21 international midfielder Sergi Darder.
Real Madrid will be looking to close the gap on Barcelonan and Atletico Madrid with three points against Malaga tomorrow.
Gareth Bale, Neymar, Mesut Ozil, Gonzalo Higuain and David Villa all feature.