Real Madrid's Cannavaro happy with Juventus contract offer

Juventus have prepared a bumper three-year contract offer for Real Madrid defender Fabio Cannavaro.

Bianconeri chiefs have already discussed personal terms with Cannavaro's agent, Enrico Fedele, and an agreement has been struck in-principle.

Cannavaro has informed Juve he will decide whether to accept a return to Turin at the end of the season. Real Madrid, happy to get Cannavaro's £15 million wages over the next three years off their books, won't stand in the veteran's way.