Real Madrid are ready to try and sign Reece James from Chelsea this summer, Breaking Sport News reports.
This depends on the blues being forced to sell players to avoid financial sanctions this summers.
Real Madrid have always shown interest in the England right back and also tried to sign him 12 months ago.
However, the 23-year-old signed a new contract and committed his future to Chelsea until 2028.
Real Madrid are confident they could sign James if Chelsea need to balance the books after their £600million spending spree.
According to Spanish Newspaper Marca, Chelsea could be forced to sell James for just €50m (£44m).
Real Madrid are keen to sign a long-term replacement for Dani Carvajal.
However, their interest remains strong despite Los Blancos defeating Chelsea 2-0 in the Champions League on Wednesday.
The reigning European champions eased to a 2-0 quarter-final first leg victory thanks to goals from Karim Benzema and Marco Asensio.
James struggled to make an impact on the game as an attacking force and had a tough time trying to stop Real’s winger Vinicius Junior.
Chelsea’s interim manager Frank Lampard used a back five forward to try and contain the threat of the in-form Brazil International but it failed.