Real Madrid are set to exercise their right to buy back the contract of Spanish international Álvaro Morata from Juventus, the Serie A club said on Tuesday.

"Real have informed us that they will exercise their right to repurchase Morata. In the coming days, they will put it in writing," Juventus sporting director Giuseppe Marotta Marotta said in comments reported by Gazzetta dello Sport. "We'll see what we can do but the possibilities of keeping him are reduced."

Morata, 23, arrived in Juventus in mid 2014, and has scored 27 goals in 93 matches.

According to Italian media reports, his contract includes a buyback clause in favour of Real Madrid of up to 30 million euros ($33.9m).

Morata has 11 caps with Spain and scored a double during their 3-0 Euro 2016 win against Turkey on Friday.

Meanwhile, the Juventus boss stressed that the club wanted to keep Paul Pogba amid reports Real Madrid are set to bid for the France international.

"We haven't received any formal offer and we don't want to negotiate," said Morata. Pogba's agent Mino Raiola said Monday that talks had begun between Real Madrid and Juventus for Pogba.