Known as the most successful team in Spanish football, Real Madrid C.F. has won a record 31 league titles since its formation in 1902.
Los Blancos haven't won a La Liga title since 2008 though, finishing runner-up in each of its last three seasons.
Even with manager Jose Mourinho at the helm, Madrid has struggled to find its championship form in recent years.
Dubbed "the special one," the Portuguese mastermind will be looking to further strengthen an already strong squad with what again seems to be an unlimited amount of funds this summer.
Although difficult to pinpoint substantial weakness in an already talented Real roster, the addition of youth and a few marquee names could see a La Liga return to the nation's capitol.
There's no arguing Madrid's current strength in attack, and with the likes of Ronaldo, Benzema and Higuain leading the frontline, it would be foolish to say otherwise.
Yet with rumors surrounding Benzema's future at the club, the addition of the highly touted Neymar would help fill a significant void should the French striker leave Madrid this summer.
The young Brazilian is still raw, but at 19 years of age has already drawn comparisons to Robinho and Brazilian legend Pele.
The potential signing of Neymar doesn't guarantee a Madrid title in 2011-2012, but it certainly helps the cause and adds significant depth to their attack force.
With the departure of the old comes new signings, and Malian-born French midfielder Gueïda Fofana is the most recent target who has been linked to join the Spanish giants, according to Goal.com.
The French youth international has worn the captain's armband at all levels, and led a French Under-19 side to the 2010 European Championship on home soil.
A strong Under-20 World Cup in Columbia this summer could see the defensive midfielder on-the-move as a result.
Like Neymar, the potential addition of Fafana would strengthen the depth of a Madrid that relies on strong midfield play.
Known as El Rey León—translated "the Lion King"—Fernando Llorente's reputation as a dominant presence is well deserved.
A physical force at 6'5", Llorente serves as a prime target up top for long balls and anything in the air.
The 25-year-old scored 19 times in La Liga last season, leading Athletico Bilbao to a sixth-place finish and Europa League qualification.
With arguably the top two wingers on the globe swinging balls in, goals would be plentiful for the Spanish national and silverware imminent for his team should Llorente move to the capitol city this summer.
The addition of Michael Essien would help cement the defensive midfield position for Real Madrid, a side that regularly plays with two holding midfielders.
Half of the equation is occupied by Spanish National Xabi Alonso, with the other half not as certain.
Rumors continue to surround Lassana Diarra's departure from the Bernabeu, and Sami Khedira's first year with the team was less than impressive.
Although Essien has had trouble shaking the injury bug the past two seasons, and looks to be on the shelf for the first half of the 2011/2012 season, Manager Jose Mourinho is keen on his former star.
If not this summer, a move for Essien next January would do a world of wonders for an already stacked Madrid midfield.
Javier Pastore is one of the most-wanted targets on the transfer market this summer.
It's reported that Chelsea and Real Madrid lead the race for the 22-year-old's signature, and even Palermo president conceded that, "At the moment it looks as if Pastore will move abroad," according to The Metro.
The talented Argentine playmaker would fit in nicely in the 4-2-3-1 formation that Madrid likes to play under Mourinho.
Adding flare and creativity to the center of the midfield, in combination with Ronaldo and Ozil on the wings, it would make for a devastating attack.
Eleven goals and five assists in 2010/11 aren't extremely flashy, but his vision and ability to create for others could prove vital in revamping Real Madrid's offense.
In what has been one of the more advertised summer transfer controversies, Carlos Tevez will likely be on the move in the coming weeks.
According to the Daily Mirror, Real Madrid have listed the Argentine striker as their No. 1 summer transfer target.
Amidst continuing controversy regarding current forward Karim Benzema's future and with the imminent departure of on-loan striker Emmanuel Adebayor, adding a player of Carlos Tevez's caliber would do the Spanish Giants a world of wonder at that position.
Tevez is known for his scrappy play and non-stop motor—attributes that have led to consistent goal-scoring records in recent years.
Not only has he enjoyed constant success, he has quickly become a fan-favorite wherever he plays. Madrid has been missing a high energy player like Tevez for some time and would love to reap the benefits of him putting in a Real Madrid jersey.