The summer transfer window has now begun, with rumours and speculation continuing to swirl as Real Madrid eye possible reinforcements.

Florentino Perez oversaw a significant overhaul of his squad last summer before focusing more on youth in January. As is always the case with Madrid, though, some of the biggest names in football continue to be linked, even in the wake of the coronavirus pandemic.

Here, Sports Mole rounds up the latest news of possible comings and goings at the Bernabeu.

Friday morning's Real Madrid transfer talk news roundup:

Manchester United closing in on a deal for Alex Telles?

Manchester United are reportedly in a strong position to sign Porto defender Alex Telles.

A new left-back is thought to be on the agenda for the Red Devils during this summer's transfer window, and Real Madrid's Sergio Reguilon has been linked with a move to Old Trafford.

Telles has been mentioned as a possible target for the 20-time English champions over the last few months, meanwhile, with the Brazil international impressing in Portugal last term.

The 27-year-old scored 13 times and provided 12 assists in 49 appearances at club level during the 2019-20 campaign, and a recent report claimed that his agent had travelled to England for talks with United.

According to A Bola, Wolverhampton Wanderers are interested in Telles, but United are at the head of the queue for the defender, who is 'close' to leaving his current club.

The South American has a €40m (£37m) release clause in his current deal - due to expire next summer - but is allegedly available for €30m (£28m) in the current market.

Chelsea were also said to be interested before signing Ben Chilwell from Leicester City.

Real Madrid 'in contact over potential Riyad Mahrez move'

Real Madrid are reportedly considering making an offer for Manchester City attacker Riyad Mahrez.

The 29-year-old enjoyed a productive 2019-20 campaign for City, scoring 13 times and providing 16 assists in all competitions, while he has played close to 100 times for the club since arriving in 2018.

Mahrez still has three years left to run on his contract at the Etihad Stadium, but according to Foot Mercato, Madrid are weighing up the possibility of a bid.

The report claims that the Spanish giants have already made contact with Mahrez's representatives, although any deal would rely on Gareth Bale leaving the club.

The Wales international continues to be linked with a move away from the Bernabeu, but it remains to be seen whether he secures an exit before the end of the summer transfer window.

Zinedine Zidane's side have not made a single signing this summer, with the coronavirus pandemic having a huge impact on the club's finances.

More transfer news from Real Madrid:

Real Madrid willing to pay half of Gareth Bale's wages to offload forward?
Gareth Bale has reportedly been given hope of a Real Madrid exit this month as the Spanish giants are prepared to subsidise 50% of his £600,000-a-week wages. Read more.