Real Madrid could spend as much as £350m in the 2022 summer transfer window, according to Goal.
It is claimed that Real will have £350m available to spend on new faces ahead of next season, as Los Blancos benefit from their European success and the departure of several high earners.
Marcelo, Gareth Bale and Isco are all out of contract, freeing up roughly £75m from the overall wage bill in Madrid.
The club's total earnings for the campaign come to £113m, of which £30m is yet to be included in the team's budget, as Real only estimated that they would reach the last 16 of the Champions League, not win the entire competition.
As well as the two revenue sources outlined above, the possible sales of Jesus Vallejo, Marco Asensio, Dani Ceballos, Luka Jovic and Mariano Diaz would provide a further boost to the transfer budget.
Furthermore, the Spanish champions are in line for a £310m pay-off as part of their partnership with Legends and Sixth Street to administrate the remodelled Santiago Bernabeu's commercial interests.
So, who could Real Madrid sign with all of this extra cash?
Aurelien Tchouameni of AS Monaco looks set to join the capital club this summer, with a fee of around €85m being touted as the asking price on the part of the French side.
Elsewhere, it is well know that Real wanted to sign Kylian Mbappe on a free transfer. However, the Frenchman has since agreed a new deal with PSG, putting an end to that move for the time being.
But with Mbappe staying in Paris, perhaps Los Merengues will need to look elsewhere for reinforcements in their forward line this summer.