Real Madrid could repurchase Alvaro Morata for €30m this summer, while Martin Odegaard is being lined up for a loan spell away, according to AS.
The newspaper claims new Coach Rafa Benitez has already informed President Florentino Perez that he would like the Juventus striker to be brought back to the club.
The 22-year-old joined the Old Lady for €22m last July, but Los Blancos inserted two repurchase options into his five-year contract, spanning over the first two summers.
In addition, Madrid would have to fork out an extra €5m to sign him next year, while a five-year deal worth more than his current €2.5m salary is understood to have already been agreed.
Benitez reportedly sees Morata as the ideal No 9 for his 4-2-3-1 system, despite Cristiano Ronaldo being pencilled in for the role and Karim Benzema previously being regarded as untouchable.
However, Perez is believed to have set his sights on Sergio Aguero, although the Manchester City star would not be available for anything less than €60m, meaning Madrid would need to sell before they can buy.
Odegaard, meanwhile, is not expected to spend another season with Madrid Castilla and instead will be loaned out for first-team experience, with the likes of Villarreal, Real Betis and Malaga purported to be keen.
The same applies for winger Asensio, a €3.9m arrival from Mallorca, who should have a new team in place once he returns from the European Under-19 Championship in Greece, which starts on July 6.
