Real Madrid have offered Chelsea former FIFA World Player of the year, Kaka in exchange for left-back Ashley Cole. The England World Cup 2010 left back is understood to be determined to leave the country due to the press attention following his split from wife, Cheryl. After bringing him to the Blues in 2006, new Madrid head coach Jose Mourinho is reported to be ready to seize the chance to have a reunion with the former Arsenal player.

Chelsea manager Carlo Ancelotti has declared he has no intention of letting Cole go even for a reported £30 million. This position could be weakened, however, if Kaka was sent to Stamford Bridge in an exchange.

The attacking midfielder endured a debut campaign of disappointment at the Bernabeu after suffering a decline in form and fitness. Ancelotti brought the best out of the £56 million signing at AC Milan and could be tempted by the opportunity bringing the best out of him again.

AC Milan CEO Adriano Galliani has said it is highly unlikely Kaka will be returning to the club this summer.

The 28-year-old spent six successful seasons with the Rossoneri, winning the Scudetto and Champions League, before being sold to the Spaniards for €70 million last summer. However, his performances were inconsistent and with the arrival of new coach Jose Mourinho his future has been thrown into doubt.

Galliani was recently at a charity event involving heroes from the past of the two clubs and told the press that he did not take the opportunity to discuss any potential transfer deals.

"What did I talk about with [Real Madrid president] Florentino Perez? It was just two days of chatter between old friends," he said according to La Gazzetta dello Sport.

"[AC Milan president Silvio] Berlusconi wants Cristiano Ronaldo? He said he won't be let go on any terms. Kaka could come back? I think he is unsellable."

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As reported by AS, Real Madrid continued to prepare for this weekend's match against Zaragoza today, but did so once again without the presence of Brazilian star Kaka. The ex-Milan man had briefly recovered from his injury to train with the team late last week, but today continued to take steps further away from a return to the pitch.

Kaka's prolonged injury has created speculation in the Spanish press that the Brazilian is reserving himself for the World Cup this summer. He has not played since being substituted in Madrid's Champions League loss to Lyon in mid-March.

Santos striker Robinho has jumped to Kaka's defence as he attacks Real Madrid for "blaming the foreigners" after they crashed out of the Champions League. Robinho, who played for Real Madrid until his 2008 move to Manchester City, claims nothing has changed at the club.

He feels Kaka has been made a scapegoat for the European failure against Lyon, and he has slammed the negative coverage his fellow Brazilian received post-match. "What happens in Madrid is nothing new. When things don't go well the blame is always piled on the foreigners," Robinho is quoted as saying by Marca.

"The exact same thing happened to me, and it happened again with Kaka. Kaka is a spectacular player and he will recover from this situation, I am sure. He will triumph with the Real Madrid jersey, and will do well with Brazil."?

Real Madrid playmaker Kaka has disputed a handball decision which lead to a Raul goal being disallowed in their draw with Sporting Gijon at El Molinon.

The incident happened towards the end of the game, which finished scoreless and now means that Los Merengues are three points adrift of leaders Barcelona at the top of the Primera Liga table.

Referee Teixeira Vitienes and one of his assistants deemed that the Brazilian had handled the ball in the build up to Raul's 'goal' but Kaka is in no doubt that it hit his chest.

"I have not seen it on TV. The ball bounced to me from a Sporting [Gijon] clearance and the ball hits me in the chest. Clearly. It was not my hand. It was a shame because the move went well and Raul had a goal that would have been important," he told AS.

The incorrect decision cost one punters who had placed a £1000 sports bet online that Kaka would score. Bad luck!

Kaka also rued a terrific save from Juan Pablo shortly after the break as the Sporting 'keeper managed to keep an Esteban Granero effort out.

"It was our best shot and seemed that Esteban had got the goal. What a stop," he declared.

Royston Drenthe is revelling at the prospect of playing alongside Cristiano Ronaldo, Kaka and Karim Benzema next term after the trio were bought by Real Madrid this summer.

Having received assurances that he was part of the club's plans, the Dutch wideman is looking ahead to the new campaign and could not hide his excitement.

Ronaldo's arrival has been popular among the whole Madrid squad and Drenthe is pleased to have the Portuguese star in the squad along with Kaka and Benzema.

"They are three incredible players. We have a team capable of winning everything," he told Real Madrid's official website.

"[Ronaldo] is phenomenal. He’s happy and friendly. He’s always smiling and joking, and on the pitch he’s an incredible player. He works a lot. He’s an impressive signing.

"I think Messi and Ronaldo are the best players in the world. He is a game breaker.

"Kaka too. He is an impressive player. When I was younger and I played on Playstation I always selected to play with Kaka and Ronaldo. They were the best and I loved playing with them.

"Who knows how many goals I scored with Kaka on the Playstation. Seriously, he will help me to improve my game."

Kaka has revealed that he and fellow big-money signing Cristiano Ronaldo are striking up a potent partnership on the field, though their relationship only goes as far as a professional level.

The Brazil superstar has spoke of the success the pair are finding together on the pitch, though they do not mix away from football, as he leads a quiet life while Ronaldo's social life has been well-publicised.

He told the club's official website: "We are gradually starting to understand each other better both on and off the pitch.

"We have our own personality and interests, but we have the common goal of leading Real Madrid to victory."

Real Madrid's Brazilian midfielder Kaka said on Wednesday that his side's main rival in Europe this season would be reigning Spanish and European Champion FC Barcelona.

Kaka is one of Real Madrid's 'Galactico' signings for the newcampaign as club President Florentino Perez aims to build a team capable of winning the Champions League in the season as the finalis to be held in the club's Santiago Bernabeu stadium.

With new arrivals such as Kaka as well Cristiano Ronaldo, Karim Benzema, and Xabi Alonso, Madrid has spent around 250 million euros on its squad, but Kaka said that Barcelona will still be the team to beat.

"Barcelona is the favorite, because it is the reigning champion," Kaka said on the official Real Madrid website.

"We are building a team that will be able to rival Barcelona in Spain and we are all very motivated to do that, but there are other rivals in Europe, such as the English and Italian sides as well as any surprise that could appear in the group stage," he said.

Real Madrid is still in pre-season and although results have been positive, there are still questions about how so many star players can play together that need to be answered before the Primera Liga kicks off on the weekend of August 29 and 30.

"In a few days, the competition will tell us at what level we really are," he said, before sounding out a warning to the rest of the Spanish clubs.

Real Madrid midfielder Kaka says the most important matter at the moment is for the team to "unite" ahead of the new campaign.

The ex-Milan player was speaking at a press conference ahead of his side's meeting with Borussia Dortmund on Wednesday. Madrid play one more friendly after this, against Rosenborg of Norway, ahead of the new La Liga campaign and Kaka thinks it's time things started to come together.

"What matters is that we unite. We are already seeing signs of unity on the field and that must continue," he said.

"In a few days the competition [La Liga] will tell us what level we are at. For now it is about focusing on complications and understanding what the coach [Manuel Pellegrini] wants us to do."

Madrid begin their league campaign in the Bernabeu against Deportivo La Coruna and Kaka is already pointing to Barcelona as the team to beat.

"The team to beat at the moment is Barcelona, the champions of Europe," he said.

However he is confident that the pre-season work at Madrid will "become clear" when Los Merengues play their first competitive game on August 29.

"We are building a team to compete with Barcelona and also in Europe where there are other competitors," added the Brazilian.