Real Madrid boss Jose Mourinho wants to be reunited with Chelsea fullback Ashley Cole.
The Mirror says Mourinho needs a top signing to replace Marcelo, who will be out for months with a broken foot.
Cole has yet to be offered a new deal by the Blues and it would appear they do not want to give the England defender more than 12 months, in line with a new club policy on over-30s.
That means Cole could be a free agent in the summer.
It is believed he was seriously considering a switch to PSG, but could be tempted by Real if they make a move.