Real Madrid will move to speak to Borussia Dortmund about Erling Haaland's situation in the coming days, sources have told ESPN.
The club chose some time ago to focus their efforts on landing Kylian Mbappe this summer, believing Manchester City lead the race to sign Haaland.
However, Madrid are not ruling out the possibility of trying to bring in both superstar forwards.
They want to analyse the numbers and terms involved in a deal for Haaland to decide whether to compete for his signing.
Sources close to Barcelona have told ESPN that the Norway forward is a priority for president Joan Laporta, but there are doubts at the Bernabeu as to whether Barca could afford a deal that between transfer fee, commission and salary could rise to over €350 million ($373m).
There is a feeling in both Spain and Germany that City are best positioned to sign Haaland. The Premier League club have been working on his signing since last August, and could offer superior terms to his LaLiga suitors.