Former AC Milan GM Adriano Galliani is being linked with a move to Real Madrid.
Galliani could join the Real board.
Galliani was in charge of the day-to-day running of the Rossoneri for over 30 years before President Silvio Berlusconi sold the club to Chinese investor Yonghong Li in April.
La Stampa says Real Madrid president Florentino Perez has proposed a new role for 73-year-old Galliani with the Board of Directors.
Perez is good friends with Galliani, having negotiated many transfer deals over the years.