Real Madrid losing hope of signing Alphonso Davies from Bayern Munich - as they plot audacious move to land Liverpool's Trent Alexander-Arnold as soon as January

Davies has been a long-term target for Los Blancos who are keen on bolstering their backline. The club dealt with several injuries in that department with Dani Carvajal and Eder Militao out with long-term injuries. While David Alaba is slowly regaining his fitness, Lucas Vazquez recently returned to the starting lineup.

Real, at one point, were very closely linked with a move for Davies, whose current contract at Allianz Arena expires at the end of the 2024-25 campaign. Cadena SER, however, reports that the Bavarian club have already approached the Canadian with two new contract offers. While the full-back is yet to commit his future to the Bundesliga side, it is believed that he is slowly considering the idea of staying at the club.

The report also adds that the Spanish champions are now considering stepping up their pursuit of Liverpool star Alexander-Arnold as they do not want to waste time over bidding wars for Davies. Instead, they are preparing a concrete offer to sign the English defender as early as January if he does not agree to pen a new Reds deal by this month.

After edging out Atalanta in a closely fought Champions League encounter on Tuesday, Carlo Ancelotti's men will next face Rayo Vallecano on Saturday in La Liga.