As reported by The Daily Mail's Simon Jones, Los Blancos have enquired about Red Devils right-back Guillermo Varela, a 21-year-old Uruguayan who joined the Mancunians when David Moyes was still in charge.
According to Jones, Real want to take the youngster on loan with the option to make the move permanent for £4million, a relatively minor investment compared to some of the other deals they've made during the summer.
That news was followed up with a report from Le 10 Sport (h/t to AS), who have learned Real are still looking at Monaco's Radamel Falcao:
This just in.... Le 10 Sport report that Real Madrid are sniffing around Radamel Falcao again. More to follow.— AS English (@English_AS) August 26, 2014
Real's interest in Falcao isn't new. Rumours have persisted all throughout summer, and it's not surprising to hear Los Blancos could be looking to make their move with the funds they'll gain from the sale of Di Maria, which could be made official very soon, per BBC Sport:
But a new wave of arrivals is the last thing Los Blancos need. The squad took on a whole different look from the one that won the Champions League last year, and if there's one thing that became clear during the team's Super Cup loss against Atletico Madrid and their Liga opener against Cordoba, the new signings need time to jell.
As reported by Marca's Ruben Jimenez, manager Carlo Ancelotti highlighted a lack of rhythm as one of the reasons Real's 2-0 win against Cordoba wasn't all convincing:
We've played every three days since the 12th and it's not easy, that's why we've suffered slightly, but not that much. We need to inject more pace and rhythm into our game, but the important part was starting with a win, even if we suffered.
Real have the talent to do great things in 2014-15, but all of that talent needs time to learn how to play together. They need chemistry, consistency and a whole lot of minutes together as a group. Bringing in even more signings will only slow down the process.
Addressing needs is one thing, but neither Falcao nor Varela would accomplish that. Karim Benzema scored the club's first goal of the season and was excellent in 2013-14. Daniel Carvajal is one of the world's most promising young right-backs, with a lot more experience than Varela, who is just one year his junior.
The decision to chase Falcao in particular is baffling. Yes, the Colombian is a sensational finisher, but Benzema fits Ancelotti's system like a glove. His movement in setting up mercurial wingers Cristiano Ronaldo and Gareth Bale is exceptional and one of the reasons Real score so frequently.
Florentino Perez loves to work the transfer market, and he has always wanted to make sure Madrid is the primary destination for world-class talent. But at some point, enough is enough. James Rodriguez and Toni Kroos were the club's marquee signings of 2014—now it's time to start building the team.
Do Real need even more signings?
Time and time again, Ancelotti is forced into tweaking his system or starting from scratch just to incorporate Perez's latest acquisitions. The squad has suffered as a whole, but by the end of 2013-14, Los Blancos had figured it out and became an unstoppable offensive juggernaut.
With Rodriguez and Kroos, they're once again forced to look for a new identity, and while there's little doubt they'll eventually figure things out, even more additions will only serve to complicate the process.
As far as Real are concerned, the time for signing new players should be over. Growing as a team and winning silverware should be next on the schedule, and some consistency can only help that cause.