Real Madrid would only pay a "symbolic price" to bring Cristiano Ronaldo back from Juventus, according to Cuatro.
Ronaldo himself is also determined to re-sign for the LaLiga giants this summer and has reportedly instructed his agents to open talks with the LaLiga club.
The 36-year-old left the Santiago Bernabeu in 2018 to join Juventus in a £100m deal.
Juve brought in Ronaldo, in a bid to end their wait for a fourth Champions League trophy, but the Serie A club have been knocked out before the semi-finals in each of the Portuguese's three seasons at the club.
Madrid would be willing to take him on a one-year deal for financial reasons.
They will also offer a small fee to Juventus, although they would be happy to trade a player, such as Isco, to sweeten the bargain.
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