Germany coach Joachim Low is under consideration at Real Madrid.
Marca says Real president Florentino Perez has Low on his radar should Jose Mourinho decide to move on.
Low, 51, has earned rave reviews for his work with die Mannschaft, who have reached the semi-finals in consecutive World Cups, as well as the Euro 2008 final.
Florentino isn't actively seeking to replace Mourinho, but has a shortlist of candidates drawn up in the event the Special One decides to leave Real.