We agreed to speak on August 8 but he is a player who I love and we are happy to have him here.
But Madrid president Florentino Perez has already attempted to quell any notion of Modric leaving, saying that he will only be sold if a €750 million (£670m/$870m) release clause is met , and the club's manager has now backed those words.
The deal, which is not yet finalised, is said to please all three parties as the 24-year-old is guaranteed regular game time, Chelsea will have another option for their midfield and Real do not permanently lose out on a player they still rate highly.
Paul Pogba holds secret talks with Barcelona chief
Pogba was inconsistent last season and was even dropped by the United boss for a spell in the second half of the season. Things have not come easy for Paul Pogba at Manchester United , and it appears to be taking its toll.
Modric is yet to return for pre-season after an impressive World Cup campaign, but Lopetegui has calmed the nerves of Los Blancos supporters. "We've been able to enjoy watching him play and we will continue to enjoy watching him". He'll be happy with the proposal he receives here.
Inter's hopes of signing Luka Modric from Real Madrid have received a huge boost after the club's parent company Suning offered to help pay the Croatian's wages.
"I've not seen that he's gone on strike", Lopetegui said.
"Luka is a Real Madrid player and I have no doubt that he will stay here".
Modric has two years remaining on the contract extension he signed in October 2016.