Los Blancos announced on Tuesday that they will re-sign the Spain international from Juve less than two years after selling him to the Serie A champions.
Latest reports coming out of Spain suggest that Real plan to immediately offload Morata for a profit, with the likes of Arsenal and Tottenham reportedly interested in his services.
His agent, Juanma Lopez, says clubs may still be in with a chance of acquiring the 23-year-old, depending on his parent club.
“He still has offers from top clubs in the Premier League,” Lopez told AS. “As things stand he is a Madrid player from July 1.
“Whether he will stay or not, you have to ask Real Madrid. We will see. We still have to talk to Zinedine Zidane, but for the moment Morata is happy.”