Andres Iniesta, Denis Suarez would welcome Real Madrid's Isco at Barca

Barcelona midfielders Andres Iniesta and Denis Suarez would welcome the arrival of Real Madrid playmaker Isco at the Camp Nou should he decide to become the first player to leave Los Blancos for their arch-rivals since Luis Enrique did so in 1996.

El Mundo Deportivo reports that Barca are prepared to offer Isco a five-year contract and a €20 million bonus should he join the club as a free agent once his contract expires with Real in June 2018.

Isco, who joined Real from Malaga in 2013, has not signed a contract extension and could reportedly leave the Bernabeu this summer.

Barca captain Iniesta is a bid admirer of the 24-year-old and said in a news conference: "He is a fantastic player, with an incredible talent.

"For many years he has been done things very well and he is in one of the best teams there is.

"He is an important player not just in the national team but in his club. He is young and has many years to grow and improve."

Isco has started in 18 games in all competitions for Real and the Spain international hinted last month that he could leave the club this summer in search of more playing time.

A Valencia youth product, Isco is also a reported target of Manchester City.

Suarez told Cadena Ser radio: "Of course I would like to have Isco as a teammate, all good players are welcome in our team.

"Isco has an incredible talent but right now he is under contract with Real. We have to wait and see what happens. If he doesn't sign a contract extension, then we can talk."

Transfers between Barcelona and Real have been rare and the last player to make the direct switch was Javier Saviola.

Saviola joined Real Madrid as a free agent after his contract with Barca expired in 2007 and played two seasons for Los Blancos.

However, Barca coach Luis Enrique was the last Real player to move directly to the Camp Nou, signing for the Blaugrana after his contract ended at the Bernabeu in the summer of 1996.

Luis Enrique become the fourth player to arrive to the Catalan giants from Real following Luciano Lizarraga (1905) Josep Canal (1946) and Lucien Muller (1965).