Morata reportedly wants more game time ahead of the 2018 FIFA World Cup, and is keen to become United's main striker. And Jose Mourinho has said he gave chairman Ed Woodward his shopping list and left the hierarchy to sort it out.
"[If we said yes?] All I can say is that their offer is very, very important so now it's down to Real Madrid". I can not tell [if an agreement is close], we'll see.
Lopez also confirmed AC Milan were interested in Morata until they made a decision to sign Porto striker Andre Silva.
Regarding Milan's interest, Lopez added: "I can confirm there had been regular contact until a few days ago. Quite simply, Real Madrid considered Milan's offer to be unsatisfactory".
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The same story claims that Real Madrid are hoping to be able to command a transfer fee of as much as £70m for Morata this summer, and that he is likely to cost upwards of £60m at the least. Not least because Man United have never opted for one of these talents from Madrid's conveyor belt of young, seemingly always pristine looking strikers, but also because, primarily, nobody really knows the true extent of Morata's potential yet.
Morata scored 20 goals in all competitions last season but Real Madrid coach Zinedine Zidane continued to favour Karim Benzema as the club's first choice striker.
Morata fuelled speculation he could be set to join United by "liking" an Instagram post reporting the link on Sunday, with Juanma Lopez acknowledging the Old Trafford option is intriguing for his client.