While keeping an eye on the top end of the world transfer market, Florentino is prepared to strengthen the Real squad with LaLiga talent.
Diario Gol says there are four LaLiga youngsters on Real's radar.
Real Sociedad fullback Álvaro Odriozola is high on Real Madrid's agenda after his emergence over the last year. Diego Llorente's form with La Real has also impressed Madrid scouts. The former Real Madrid defender was sold to La Real just this summer.
Valencia's exciting midfielder Carlos Soler and Levante defender Chema Rodriguez are two more young guns being followed closely by Real this season.