Real Madrid are reportedly pursuing Manchester United and Manchester City target Florian Wirtz, while also showing interest in Bayer Leverkusen boss Xabi Alonso.
Manchester City are looking for additions to their attacking options in January, with Real Madrid winger Rodrigo reportedly at the top of their list.
Liverpool star Trent Alexander-Arnold is Real Madrid's top target for right-back this summer, aiming to replace Dani Carvajal as their long-term solution, per reports.
Real Madrid could pay £84m for Enzo Fernandez or offer Chelsea Aurelien Tchouameni in a swap deal, aiming to bring the Argentine midfielder to the Bernabeu.
Manchester City's Rodri and Barcelona's Aitana Bonmati claimed Ballon d'Or titles as Real Madrid, feeling "disrespected," boycotted the Paris event despite winning club of the year.
FC Barcelona left the Bernabeu on Saturday night buzzing with optimism after a historic 4-0 thrashing of Real Madrid in La Liga.