Real Madrid are reportedly eyeing a move for Chelsea goalkeeper Thibaut Courtois as an alternative to long-term target David De Gea.
The report added that the Belgian international "is open to the possibility of leaving Chelsea," a potential boon for Real.
Manchester United's De Gea has long been named as Real's main keeping target, but the Spaniard is now tied to the Old Trafford club until 2019 after he signed a new deal following the collapse of his move to the Bernabeu last summer.
Courtois would be an excellent alternative signing as he is one of the best goalkeepers in Europe, but Chelsea would surely be loath to sell him on, especially as his contract in west London also runs until 2019.
Equally, as noted by Bleacher Report's Dean Jones in his analysis of Real's draw at Malaga on Sunday, Los Blancos arguably do not need a new No. 1 as Navas has had an excellent season:
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Courtois has likely been on Real's radar for some time as he came up against them often during his three-year loan spell at Atletico Madrid.
However, Spanish football writer Rik Sharma believes he has yet to equal his Atleti form since moving back to Chelsea:
While he was excellent during the Blues' title-winning 2014-15 season, he missed the start of the current campaign through injury and has yet to return to his very best form.
However, he is surely going to be one of the world's top stoppers for the next decade as he gets more and more experience, and he would be an excellent long-term purchase for Real.
It seems unlikely, though, that Real will be able to snap Courtois up in the summer, nor do they need to given Navas' excellent form.
Elsewhere, Real look set to be disappointed in their reported pursuit of Sergio Aguero.
Rumours emerged in January that Los Blancos were eager to sign Manchester City's superlative Argentinian striker, per David McDonnell in the Mirror.
However, Aguero, 27, is now set to sign a new deal with the Sky Blues that could see him remain at the Etihad Stadium until he retires, per Stuart Brennan in the Manchester Evening News.
This is a big blow for Real, as they need to make some major signings in the summer before their transfer ban kicks in.