Karim Benzema to sign new Real Madrid contract up to 2021

Arsenal star Alexis Sanchez

GETTYAlexis Sanchez could be on the move at the end of the season

Real Madrid are considering allowing Benzema to leave Los Blancos - whom he has represented since 2009 - for a fee expected to be in the region of £44m, with Real Madrid president Florentino Perez reportedly wanting to cash in on the attacker to fund a shake-up of the club's attacking line.

The deal keeps the French striker at the club until 2021 and includes a release clause of £882million (1bn euros).

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However, Benzema has now become the fourth Madrid player after Dani Carvajal, left-back Marcelo and midfielder Isco to agree new contracts. Thus, it is nearly certain that Benzema will end his career at Santiago Bernabeu considering that in June 2021 Benzema would have been 33 years old.

Madrid were defeated 1-0 by Real Betis on Wednesday night at the Bernabeu, meaning they have failed to win any of their opening three home league games.

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Real Madrid and Karim Benzema have agreed to terms on a two-year contract extension with the striker now set to stay until 2021, past the Frenchman's 33rd birthday. "I'm delighted to continue my career at the best club in the world", he said in Thursday's news conference. I'm really pleased with how my career here has turned out and I'll work hard to keep on winning titles.

Spanish outlet Don Balon, as quoted by the Daily Star, is reporting that Real Madrid are considering selling the France worldwide to the north London club next summer. The people here have always been a real rock for me, both on and off the field. This is the best place for me to be, I want to retire here because there is no other club like it. "This club will be my last, I think".

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