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Real Madrid buy back Morata from Juventus, ready to sell him for twice as much to Chelsea?

Gabriele Maltinti/Getty Images

Álvaro Morata has spent the last two seasons at Juventus, but now he's heading back to his hometown and the club he first joined in 2008.  In an official statement on Tuesday, Real Madrid have confirmed that they are buying back the now 23-year-old striker.

Earlier in the day, Juventus director Giuseppe Marotta still held out some slim hope of keeping the man who's scored 27 times for his club in the last two seasons, but those hopes have now been officially dashed.

"Real Madrid are going to exercise their right to buy him back. We're just waiting for them to get in touch and then we'll see, but the chance of him staying is slim."

-Giuseppe Marotta; Source: Corriere dello Sport

While Real's official statement assures that the striker will be expected to join up with the club for pre-season, and Morata has spoken a few times of his desire to eventually "triumph at Madrid", it's probable that his move back to Spain is only temporary.

Rumors claim that Madrid are looking to sell at a hefty profit, with the Premier League the likeliest destination.  Chelsea, Arsenal and Manchester United are all reportedly keen on adding the player to their cause.  It is even believed that Chelsea have already entered talks with the player to arrange personal terms, with the Blues making a €60m bid - doubling Morata's buy-back clause.

Morata to Chelsea (or Arsenal, or Manchester United) seems closer to becoming reality.

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