Real Madrid are already in talks with Manchester City about signing Erling Haaland, who moved from Borussia Dortmund just a few days ago.
This week, the Norwegian international joined the Etihad for just £51 million.
According to AS, the deal included a £128 million (€150 million) release clause in his contract.
This is ideal for Real Madrid, who are in need of a long-term replacement for Karim Benzema.
The LaLiga giants’ interest is not thought to be a direct response to Kylian Mbappe’s decision to stay at Paris Saint-Germain.
Mbappe was supposed to join this summer before heading to Haaland in 2023.
