Los Blancos have cash to spend next year having failed to sign anyone this summer due to the coronavirus crisis, while their key targets were not available.
According to AS, Zinedine Zidane’s side are in pole position to land Borussia Dortmund striker Haaland when he decides to leave the German club.
Manchester United have also been linked with a move to sign the Norway international, but it is believed Real are at the front of the queue.
The Spanish news outlet also claims that Paris Saint Germain forward Kylian Mbappe is being chased by Zizou.
Meanwhile Rennes starlet Camavinga remains a priority for Real as they look to replace the ageing Luka Modric.
SunSport reported in September how the trio were being eyed up by Real as they plan for a new wave of Galacticos.
Should Real manage to sign the exciting youngsters, they would most certainly boast one of the most lethal sides in Europe.
Thibaut Courtois would retain his place between the sticks, while Dani Carvajal would start at right-back with Ferland Mendy to edge out Marcelo at left-back.
The centre-back pairing would likely be Sergio Ramos and Raphael Varane with the two having formed a formidable partnership.
Brazilian defensive midfielder Casemiro would likely sit in front of the back four, with Toni Kroos and Camavinga playing slightly ahead.
To accommodate Eden Hazard featuring on the left wing, Mbappe may be shunted out on the right wing, despite it not being his natural position.
Despite Karim Benzema impressing of late for Real, he could find himself on the bench in favour of Haaland.
A wealth of attacking talent would also be on the bench, as Zidane would not only be able to rely on Benzema, but also Vinicius Junior, Isco and potentially Gareth Bale.