I don't think Zidane likes James at all, and the only reason he gets away with sitting him is cause Florentino can't tell him what to do like he did with every other manager before.
Any manager would not like a player that behaves like James did in the last year. He's upset and when he gets minutes on the pitch, he refuses to follow the coach instructions.
His first year at Real Madrid was very good and he failed to capitalize on it after he was another victim of the Rafa Benitez. With Asansio rising especially as a young player, there isn't any room for Isco and James. Spanish press believes Isco will be the one to go because Florentino wants to expand the brand into South America and James is very popular.
Will Arsenal pay €70M for James on deadline day? I'm only half kidding. I seriously can't see which team would be interested in James for the fee that Real Madrid would want.