Real Madrid will reportedly have to sell players before any signings can arrive in the summer.
The likes of Kylian Mbappe and Erling Haaland have been heavily linked with moves to Carlo Ancelotti's side as they look to strengthen for next season.
But reinforcements will only come if Real can sell players on top of Gareth Bale, Marcelo and Isco's departures as free agents.
According to Spanish outlet Marca, there was a meeting between Florentino Perez and Ancelotti on Friday to talk about plans for the upcoming summer and next season.
It was decided that without departures, new signings are unlikely. But the Laliga giants are confident they will accumulate between £62-£82million from selling the likes of Take Kubo, Brahim Diaz and Reinier Jesus, who are all currently out on loan.
The main priority for Real is strengthening in attack. Mbappe is the main target and Haaland is seen as a 'distant' possibility.
There is also interest in Monaco's highly rated midfielder Aurelien Tchouameni, though a move to the Premier League looks more likely.
Meanwhile, Luka Modric looks set to sign a new contract after Ancelotti claimed the Croatian will finish his career in Madrid.
Speaking ahead of Sunday's clash against Sevilla, the 62-year-old said: 'Luka Modric will finish his career here at Real Madrid. I don't know when but it will happen - this is the idea of the club and Luka.
'Modrić won't have problems to renew the contract - I compare him to Paolo Maldini'.
Real are in the semi-finals of the Champions League and sit top of LaLiga having signed just two players in David Alaba and Eduardo Camavinga last summer.
RaghibMustafa
105
hoping to witness this... with Perez anything can happen.. hala madrid.
Lallous24am
63
Players who should leave Real Madrid 1. Ceballos (not getting enough game time and not Madrid standard) 2. Marcelo( a legend and will forever be in our hearts but it’s time to move on. Too slow.) 3. Isco( served us a lot since he joined us but lost confidence and is too slow) 4. Mariano( giving the no.7 to him will be unforgettable) 5.Vallejo( he isn’t a guy who should ever play in madrid) 6. Bale( more goals than Ronaldo Nazario, more assists than Beckham,more trophies than Zidane in his time at Real Madrid. Was part of the deadly BBC. Was in his prime for 5 years at madrid, but the last 3 seasons have been underwhelming. Thank you for everything Gareth. The reason why i didn’t mention hazard and Jovic is because I think they are good for squad depth.