Florentino Perez oversaw a significant overhaul of his squad during the summer, but some huge names continue to be linked with a move to the Bernabeu following such a disappointing 2018-19 campaign.
Here, Sports Mole rounds up the latest news of possible comings and goings at the Bernabeu.
Saturday morning's headlines:
Nuno Espirito Santo admits Wolves needed time to get over FA Cup exit last term
Nuno's men surrendered a 2-0 lead to lose 3-2 to Watford in last season's FA Cup semi-final. Read more.
Real Madrid to battle Barcelona, Manchester City for Reinier?
Real Madrid are to battle Barcelona and Manchester City for the services of Flamengo wonderkid Reinier, according to a report. Read more.
Real Madrid 'keeping tabs on Lille trio'
Real Madrid are keeping an eye on Lille trio Boubakary Soumare, Victor Osimhen and Gabriel as they look to build for the future, according to a report. Read more.
Inter Milan to steal march on Juventus in Paul Pogba pursuit?
Inter Milan reportedly move ahead of Juventus in the race to sign Paul Pogba from Manchester United next summer. Read more.
Wolves confirm Jesus Vallejo's return to Real Madrid
Jesus Vallejo has not featured for Wolves since October after joining from Real Madrid. Read more.