Boro have Geremi meeting
By Francisco Acedo
Last Updated: 01/01/70 1:00am
The African has proved a success on Teesside during his season-long loan at The Riverside Stadium.
Boro manager Steve McClaren has confirmed his intention to keep Geremi at the club on a permanent basis after being impressed with the 24-year-old's contribution.
Geremi is under contract with Real until 2006 and the European champions are unwilling to offload the player for less than é¼14 million (£9.6 million).
The Premiership club are so far believed to have offered é¼8 million (£5.5 million) for Geremi's services after chief executive Keith Lamb met with Real's sporting director Jorge Valdano in Madrid last Tuesday.
Valdano is reticent to accept an offer below their valuation as Geremi's versatility makes him a key asset at Santiago Bernabeu.
"The English have an option to buy Geremi for £9.6 million and we will not lower that figure even though they want him cheaper," he said.
"Geremi is having a great season with Middlesbrough and we think he will be very useful for us next season."
However, Geremi is reluctant to return to the Spanish capital to merely make up the numbers and he would also earn less with Real.
A compromise transfer fee may be the way forward if Boro want to wrap up the permanent capture of Geremi.
But speculation in Spain suggests Boro will face competition from Premiership titans Arsenal, Manchester United, Liverpool and Chelsea for Geremi's services.