While ready-made stars like Paulo Dybala are being considered, Florentino Perez would prefer to sign a 'rough diamond' and mould them into a star for the future
The relationship between Ronaldo and club president Florentino Perez is strained due to the former's constant moaning and relentless demands for more money.
The Portuguese star signed a new five year deal less than 12 months ago but is already after another contract and more money.
(L-R) Lincoln, Goncalo Guedes and Alan Souza
Perez feels Ronaldo is already on more money than he deserves considering his age (32) and has begun the hunt for younger replacements.
While ready-made stars like Paulo Dybala are being considered, Diario Gol reports that Perez would prefer to sign a younger 'rough diamond' and mould them into a star for the future.
The three-man shortlist includes Gonçalo Guedes, signed by Paris Saint-Germain over the summer and currently excelling on loan at Valencia.
Young Gremio midfielder Lincoln is another option, as 17-year-old Palmeiras starlet Alan Souza.
Gareth Bale, meanwhile, could be set to leave Real Madrid this summer after reportedly being given the green light for a return to England.
The Welshman's time in Spain has brought success on the pitch but also plenty of time off it due to injuries and he has struggled to settle in to life in Madrid and the dressing room.
Diario Gol reports that, after four years at the Bernabeu, his only real friend in Spain is Luka Modric, whom he met at Tottenham anyway.
Manchester United have previously made attempts to sign Bale but they have been rejected by both Real Madrid and the player himself.
But there has been a shift in attitude in Spain and the European giants are now prepared to sell.
United remains a possibility with executive vice-chairman Ed Woodward a long-time admirer. Manager Jose Mourinho, though, is less keen and is understood to be concerned by the 28-year-old's poor injury record.
Tottenham are also in the running but Daniel Levy would have to break the club's strict wage structure to bring him back to the club.