Everton boss Carlo Ancelotti is firming as favourite for the Real Madrid job.
Real Madrid president Florentino Perez is seeking a new coach after the resignation of Zinedine Zidane last week.
Cadena SER says Real have already made contact with their former Champions League winning coach and know the Italian is open to a return.
And Ancelotti's favouritism is firming, with Antonio Conte's demands proving too rich and PSG refusing to release Mauricio Pochettino from his deal.
Ancelotti has a contract with Everton to 2024, though it's regarded as a formality to gain a release should Real make an offer.