Real Madrid were reportedly interested in signing Bruno Fernandes before the attacker joined Manchester United from Sporting Lisbon.
The Portugal international moved to Old Trafford in January and has been in excellent form for the Red Devils, scoring 21 times and contributing 13 assists in 35 appearances in all competitions.
Fernandes has already struck nine goals in 13 outings at club level this term, meanwhile, including a brace against Istanbul Basaksehir in the Champions League on Tuesday night.
According to Marca, Madrid considered moving for the 26-year-old earlier this year but were instead distracted by other possible targets, including Paul Pogba.
The report claims that Los Blancos could have afforded to sign the Portuguese in January but passed up the opportunity despite being admirers of his talents.
Fernandes has a contract with Ole Gunnar Solskjaer's side until June 2025.