Real Madrid have been watching the emergence of Christian Kouame at Genoa this season.
Sky Italia says Real president Florentino Perez has been making enquiries after Kouame, seeking information on his availability and price.
Napoli are also keen, where coach Carlo Ancelotti has quickly been won over.
For their part, Genoa management cannot rule out cashing in on Kouame, 21, even as early as January.
Genoa president Enrico Preziosi is eager to spark an auction at a starting price of €35m.