The latest loan talk involving David Beckham has Chelsea and Real Madrid in the picture.

The Sunday Mirror reports the clubs are ready to sign the Galaxy midfielder, who said eight days ago that he was looking for a loan.

He also said it was unlikely he would go to any English club aside from Manchester United, but London's Chelsea -- one of Man U's primary challengers for the English Premier League title -- almost certainly would provide playing time, given its injury situation.

Real Madrid seems the more enticing possibility, if it really is a possibility. Beckham played four seasons for the Merengues, playing a key role in their 2007 La Liga title run before joining the Galaxy.

The Galaxy's position on a loan deal: Beckham is expected in camp when the team begins preseason training in late January.