Liverpool are facing a serious threat in their pursuit of Jude Bellingham.
The Reds have lined up a 2023 bid for the Borussia Dortmund midfielder.
However, Marca report that Real Madrid are preparing their offer for the talented teenager.
Los Blancos have a huge warchest after selling Casemiro to Manchester United for £70m.
The Spanish giants want to use that money to pry Bellingham away from Dortmund.
Chelsea have also shown an interest in the Birmingham City academy player.