Real Madrid are ready to commit to €170m to two attacking signings.
TMW says Chelsea star Eden Hazard and Eintracht Frankfurt striker Luka Jovic are the priorities for Real president Florentino Perez.
And Perez is prepared to part with €170m for the pair.
Real will aim to sign Hazard for €100m and then offer Eintracht Frankfurt €70m for Jovic.
Eintracht Frankfurt chief Fredi Bobic said this week: "There's a real possibility that Jovic signs for Real Madrid.
"I hope and want him to stay here at Eintracht, but I'm also realistic and know that if a big club like Real Madrid want him then we haven't got a chance of keeping him."