According to Di Marzio (via Football Italia), there is a possibility that Modric could inform Perez he wants the move to go through and, given his excellent relationship with the Real chief, this could be enough to spark an agreement to allow Modric to join Inter for a more modest price than is now being reported.
The player's wife first made contact with Inter Milan earlier this week to gauge their interest.
"The only possibility that Modric leaves is by paying $1.18 billion", Perez told reporters.
But Modric seems determined to test Real's resolve.
Real Madrid have already sold Cristiano Ronaldo to Juventus for £105m this summer, and Perez insists Modric will not move unless his staggering release clause is met. Despite rumours linking him with a remarkable summer switch to Inter, MARCA have been assured by Real Madrid and the player's own camp that the Croatian World Cup star will be staying put with the European Champions.
"They are thinking around Europe that Real Madrid is an NGO, and will give their best players to anyone who asks", Benito said.
How could Real Madrid line up next season after the transfer window?
The Nerazzurri were also reportedly interested in signing Arturo Vidal from Bayern Munich only to see Barcelona take over as favourites for the Chilean.
The club have hit financial hard in recent times and are desperate to return to the top of Italian football. Madrid's number 10 has marked himself in recent years as one of the greatest midfielders to ever play the game, with Croatia's recent run to the World Cup final only emphasizing that point.