Real Madrid are eager to rejuvenate their squad for coming seasons with investment set to come in the off season.
Los Blancos are set to finish second in the LaLiga title race to Barcelona who hold an 11-point lead with nine games to play.
The depth of the reigning European champions, who are in this season's quarter-finals, has been tested at times this term.
TOP STORY – MADRID BOSS TO SWOOP ON CHELSEA TALENT
Fichajes claims Real Madrid president Florentino Perez has identified Chelsea quartet Reece James, Ruben Loftus-Cheek, Mason Mount and Mateo Kovacic as potential targets.
The latter three are all out of contract in 2024, meaning Los Blancos could sign them for free if they do not re-sign.
Perez is plotting to capitalise on Chelsea's downfall this term, with the club to miss next season's Champions League.
Kovacic previously spent three seasons at Santiago Bernabeu, while Mount has attracted interest from several top clubs given his quality and contract status.
ROUND-UP
– Lionel Messi wants to return to Barcelona when his Paris Saint-Germain contract expire at the end of this season, reports Fichajes. Messi will overlook offers from Saudi Arabia and MLS club Inter Miami to return to his former club.
– Manchester United are in pole position to sign French defender Axel Disasi from Monaco in the off season, claims Football Insider. Disasi is out of contract in 2025, with Chelsea and Manchester City also said to be interested.
– Liverpool have turned to Bayern Munich midfielder Ryan Gravenberch as an alternative to Borussia Dortmund's Jude Bellingham, claims The Times.
– Calciomercatoweb claims Arsenal are still in the race to sign Juventus forward Dusan Vlahovic, despite stiff competition from Madrid and PSG .
– Toni Kroos is set to accept a contract extension offer from Madrid and re-commit to the club for another 12 months, reports Marca.
– Chelsea have met with ex-Bayern boss Julian Nagelsmann as they look for their next permanent manager, according to The Times.
