Real Madrid are reportedly keen to sign Borussia Dortmund's Jude Bellingham, Paris Saint-Germain's Kylian Mbappe and Bayern Munich's Alphonso Davies during this summer's transfer window.
A move for Bellingham is believed to be advancing, with Los Blancos seemingly in pole position to sign the in-demand 19-year-old from Dortmund during the summer market.
However, according to Sky Sports News, Real Madrid have further big plans for the upcoming window, with the club also looking at the possibility of signing both Mbappe and Davies.
Mbappe was widely expected to move to Bernabeu on a free transfer last summer, but he ultimately decided to sign a new contract in the French capital.
The France international's contract runs until June 2024, with the option of a further year, so he could potentially again be available on a free transfer next year.
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Real Madrid could therefore test the waters with an offer this summer, with Mbappe being able to agree a pre-contract with foreign clubs in January 2024 if he does not activate the additional year on his deal.
The Frenchman has had another excellent season for PSG, scoring 38 goals and registering nine assists in 40 appearances in all competitions.
Mbappe's long-term future in Paris is far from secure, though, and it is believed that Real Madrid are the only genuine contenders to sign him at this stage of proceedings.
Davies, meanwhile, is said to be the leading left-back target for Real Madrid, who are believed to be open to letting Ferland Mendy leave during the upcoming market.
Eduardo Camavinga has often been used as a left-back in recent months, especially in the big matches, but Los Blancos are said to want a specialist for that position moving forward.
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Davies has made 38 appearances for Bayern during the 2022-23 campaign, scoring three goals and registering eight assists in the process.
The Canada international is set to miss the remainder of the season, though, due to the injury that he picked up against Mainz 05 in the Bundesliga on April 22.
Davies still has another two years left to run on his contract at Allianz Arena, and it is believed that Bayern want to sign him to an extension, with Real Madrid seemingly facing an uphill task to sign him.
The 22-year-old has now made 153 appearances for Bayern in all competitions since arriving from Vancouver Whitecaps in 2019, scoring eight goals and contributing 25 assists.
Real Madrid, who won the Copa del Rey earlier this month, will be bidding to reach the final of the Champions League when they head to Manchester City for the second leg of their semi-final on Wednesday evening, with the tie delicately poised at 1-1 following the first leg in Madrid.