According to The Sun, Real still want to sign Pogba having missed out on him 18 months ago.
The La Liga giants are having a season to forget, currently sitting 19 points adrift of arch-rivals Barcelona and are already out of the Copa del Rey.
Madrid-based newspaper Marca claimed today that Real have £263m (€300m) to spend in the summer, some of which could be earmarked for a Pogba deal.
Real are apparently joined by PSG in retaining an interest in getting Pogba on-board.
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Real Madrid and Paris Saint-Germain are interested in signing Paul Pogba from Manchester United
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The big-spending Ligue 1 outfit showed off their financial might by snapping up Neymar for a world-record £200m last summer.
And they may make a move for Pogba at the end of the current campaign as they look to strengthen further.
United's chances of retaining Pogba's services might depend on handing him improved terms.
The Sun reckon his agent, Mino Raiola, is angling for his client to be paid the same as £500,000-a-week new boy Alexis Sanchez.