The Portuguese coach has identified the Dutch playmaker as his number one target as he looks to improve his midfield options for the coming season.
However, a potential transfer seems distant at present with the both sides having conflicting views on the terms of the deal. While Los Blancos will look for a fee of around €25 million, Inter apparently deem this sum excessive and prefer a loan deal.
Reports in Marca suggest that the Italian giants already have their sights on an alternative should they fail to sign Sneijder: his international and club team-mate, Rafael van der Vaart.
The 26-year-old midfielder, who has so far failed to replicate his stellar form of Euro 2008 following his move from Hamburg, would be free to leave the Bernabeu for a fee in the region of €13m.
Paul Madden, Goal.com