But the two clubs are also in dialogue regarding the future of Spanish U21 star Ceballos.
Madrid do not want to let the 22-year-old leave permanently, but are considering a loan move to allow him more game time.
Arsenal head the list of clubs who want to sign Ceballos for the upcoming season and Zidane’s comments suggest a deal is a matter of when – not if.
“It hasn’t been done yet, the club is in it, we’ll see in the next few days,” he said.
Marco Asensio was stretchered off with a serious looking injury last night that has prompted panic among fans that Ceballos won’t be allowed to leave.
But it is understood Asensio’s injury won’t impact Arsenal’s chances of landing Ceballos.
Ceballos scored twice en route to the Spanish U21 side lifting the European Championships in June.
He made 34 appearances for Madrid last term scoring three times, but he remains behind several players in the pecking order.
The spending spree at the Bernabeu will further limit Ceballos’ involvement under Zidane thus meaning a year away suits all parties.
Another player who Zidane wants rid of is Gareth Bale – although he wishes to see the Welshman leave permanently not momentarily.
Reports suggested he was set for a lucrative switch to China, potentially on loan, but his agent moved swiftly to dismiss those claims.
Zidane though remains firm on his stance that Bale’s future would be best served elsewhere despite his appearance in their pre-season clash with the Gunners.
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“Today he played, the decision is mine, he played a part and we will see what will happen,” said the Frenchman.
“Nothing has changed. You know the situation, I will always tell you the same thing.“
Asensio was stretchered off in Maryland, but Zidane doesn’t envisage the Spaniard’s injury changing the situation regarding Bale.
A lack of a potential suitor is the primary reason Bale has not yet left the Spanish capital.
The player nor the club are prepared to lessen their financial stance which has put several clubs off signing the Welshman who recently turned 30.