Jose Maria Callejon is being targeted by Atletico Madrid, with Napoli willing to sell for a fee of €18m.
The winger only joined the Partenopei last summer from Real Madrid, with the Stadio San Paolo outfit splashing out €10m for his services.
But AS claim that Los Blancos’ city neighbours Atleti are interested in bringing him back to the Spanish capital.
Diego Simeone has set his sights on revamping the club’s forward line following David Villa’s departure and Diego Costa’s likely move to Chelsea.
And the Argentine Coach reportedly sees Callejon as the ideal man to inject some pace and creativity into the Colchoneros.
The paper believes that Rafa Benitez’s men would be willing to listen to offers that would make them an €8m profit.