The player is out of contract in 2025 and as a result, Los Blancos are eyeing either a cut-price deal this summer or a free transfer next year.

Real Madrid have all but wrapped up the Kylian Mbappe deal but despite that, the Spanish giants have reportedly lined up another wonderful signing.

According to the Athletic, Los Blancos have reached a verbal agreement with one of Bayern Munich's most highly-rated defenders. That man is Alphonso Davies, the talented Canadian international who is nearing the end of his Allianz Arena contract.

The 23-year-old is regarded by many as one of the best fullbacks in the world while others believe he could transition into a world-class winger. Regardless, Bayern Munich, who have begun contract negotiations with the former Vancouver Whitecaps ace, appear set to lose this talent.

The player's contract runs out in 2025, which means he is entering the final year of his deal this summer. As a result, Los Blancos are targeting a deal for either this summer or the summer of 2025 when he is a free agent.

Real Madrid's chief scout Juni Calafat and director general Jose Angel Sanchez have been in contact with the player and his agents. This includes an in-person meeting alleged to have happened in Madrid earlier this month.

The Spanish giants have advised the Canadian against extending his current Bayern Munich deal, which should force the German club's hands. The Bundesliga holders do not wish to lose the Canadian but could be helpless. With his contract running out, Real Madrid could either get the left-back on a cut-price deal or wait another year before landing him for free.

Davies joined Bayern Munich in 2018, winning a whopping five Bundesliga titles since while lifting the UEFA Champions League during their historic sextuple in 2020. 

Real Madrid's current first-choice left-back is Ferland Mendy. However, the arrival of Davies would likely relegate the Frenchman and would establish a deadly partnership with the incoming Kylian Mbappe on the left-hand side.