The 24-year-old, who signed with Hamburg from Dutch giants Ajax in 2005, is the prototype offensive and creative player which Real Madrid's new German coach Bernd Schuster wants to bring to the club, the paper said.

Van der Vaart, whose mother is Spanish, told German daily Bild in June that he would like to stay on at Hamburg "unless Real calls me".

Real Madrid president Ramon Calderon has promised several new signings after the reigning Spanish champions were beaten 3-0 by Bundesliga outfit Hanover in a friendly on Tuesday.

Calderon indicated to Spanish sports dailies As and Marca that Real would likely sign Chelsea winger Arjen Robben despite the high cost involved and that AC Milan playmaker Kaka could join the team if he demanded to leave AC Milan.

Chelsea are reportedly asking for 35 million euros for Robben while AC Milan have refused to consider letting Kaka go despite Real reportedly being willing to pay 90 million euros for the Brazilian who is under contract with the Italian side until June 2011.