Andre Villas-Boas is currently unattached after leaving Shanghai SIPG in November.
The Portuguese who managed Tottenham in the 2012/13 season, has taken part in the Dakar Rally of late having turned down offers from other clubs.
However, RMC believe Villas-Boas has been approached by Madrid with the prospect of becoming their new manager.
The 40-year-old won a quadruple in his only season with Porto and three trophies over two years at Zenit Saint Petersburg.
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10:00pm – Zidane pleased with timing of Madrid departure
8:00pm – La Liga president makes Antoine Griezmann and Cristiano Ronaldo transfer claims
7:05pm – Cristiano Ronaldo not worried about Real Madrid future, says Portugal team-mate Manuel Fernandes
Cristiano Ronaldo “does not look at all worried” about his future, according to Portugal team-mate Manuel Fernandes, amid Real Madrid exit talk.
Fernandes insists Ronaldo is unfazed by the speculation as Portugal’s most capped player looks to help his side win back to back major tournaments following their triumph at Euro 2016.
Read what fernandes had to say here.
12:26pm – Vinicius Junior in tears as he plays final game for Flamengo before moving to Real Madrid
Real Madrid-bound star Vinicius Junior was in floods of tears on Sunday night after playing his last match for boyhood side Flamengo in the Brasileirao Series A league at the Maracana Stadium.
11:52am – Real Madrid would prefer to sell Gareth Bale to Man United rather than Spurs
Bale reportedly favours a return to Tottenham instead of joining Jose Mourinho’s team, but Old Trafford bosses are willing to spend more on Bale than Spurs.
Read more on this story here.
11:27am – Cristiano Ronaldo said to be at odds with Florentino Perez who he blames for Zinedine Zidane’s exit
The French legend bowed out after guiding Los Blancos to a third successive Champions League trophy.
“I’ve got my feet up and am feeling good,” Zidane told AFP at the inauguration of a playground in Paris.
“I don’t know what I’m going to do,” he added. “The most important thing is the decision I’ve taken, the rest we’ll see.”
The 45-year-old is pleased that he managed to step down during a period of success and insists it was the right time for a change.
Zidane also revealed that he was no longer confident of maintaining the standard and frequency of success he achieved.
The former French international also confirmed that no other job in football influenced his decision to quit.
Madrid are yet to appoint Zidane’s successor with several high-profile names in the mix.