Madrid have already partly addressed the situation by signing David Alaba from Bayern Munich, but are keen to maximise their return for Varana as they look to offset their huge debts, which are thought to stand at around £770million.

Real president Florentino Perez has already stated that the club will have to sell if they are to finance any major signings later in the summer.

And Kylian Mbappe is still a player of interest to the Bernabeu board, with PSG likely to demand a huge fee for the France forward.

However, both United and PSG find themselves in a game of cat-and-mouse with Madrid, with both interested clubs knowing that Varane is out of contract, and potentially available for free, next summer.