Real Madrid have 48 hours to make a decision on Javier Hernandez as the clock runs down on their first option to buy the Manchester United striker. Madrid coach Carlo Ancelotti said on Monday that the European champions would take stock of Hernandez's situation at the end of the season. However, under the terms set out by United when they loaned the 26-year-old to Madrid, Thursday April 30 marks the end of the Spanish club's 'exclusivity period' to buy the player. Javier Hernandez is enjoying a fine run of form at Real Madrid - scoring three times in his last two games . Hernandez (centre) returned to training with his Real Madrid team-mates on Tuesday . Hernandez (second left) was all smiles in training, but the 26-year-old faces an uncertain future . From Friday they will no longer have first option and United will field offers of around £10million from West Ham, Southampton and Lazio. The Mexico striker who has scored three goals in his last two games has one year left on contract at Old Trafford, but his latest displays have boosted his valuation. Ancelotti said: 'It is a subject that we will evaluate at the end of the season. What I can say is that I have liked his professionalism during the whole year. He is enjoying his opportunity a lot, he has a high level of professionalism and for a coach to have these type of players that are always ready is very positive.'
Real Madrid have exclusivity on signing Javier Hernandez until Friday .
If Real do not agree deal by Friday, then other clubs can swoop for striker .
Manchester United to field offers of £10million for 26-year-old Hernandez .