Hazard has scored 89 Chelsea goal since joining in 2012
However, if the 27-year-old does not accept the contract, Chelsea will have no option but to sell him like they did with goalkeeper Thibaut Courtois, who run down his contract at Stamford Bridge before moving to the Bernabeau.
A report is saying that Eden Hazard's decision over whether to sign a new Chelsea contract worth a reported £300,000-a-week will rest on whether the club reaches next season's Champions League.
However, he is not yet ready to commit to a new deal and according to the Times, he will not sign a new deal until Chelsea qualify for the Champions League this season. Especially given the fact Real Madrid are yet to find their desired replacement for the departing Cristiano Ronaldo earlier this summer.
Facebook, NYU Pin Hope of Faster MRIs on Artificial Intelligence
These tests can take up to an hour, during which time the patient must stay completely still so as not to distort the image. In April, CNBC reported that Facebook asked several major US hospitals to share anonymized data for a new research project.
Moreover, the West London giants also lack the necessary depth in their attacking department for them to cope without Hazard.
Having said that, replacing a player of Hazard's calibre could be very hard, much like Ronaldo at Real Madrid and thus, there is no way they can let go of their Belgian superstar. This means that Real Madrid still has eight odd days in hand to decide if they're interested.
Hazard has repeatedly been linked with the Bernabeu club and despite Chelsea reluctance to sell their best player, it is hard to say no to the biggest club in the world. Despite impressing for England in the summer World Cup, the 22-year-old struggles to hold down a place in the Chelsea starting line-up and his frustration is reportedly growing.
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