Real Madrid Prepare £25m Bid for Arsenal Striker Target - Report

Real Madrid are considering a summer move for Manchester United striker Wayne Rooney. The Mirror believes the Santiago Bernabeu club is hoping to reunite the England international with former United star Cristiano Ronaldo. A bid of about £25m has been mooted.

However, an approach for Rooney may depend on whether the Spanish club can persuade Ligue 1 champions Paris St Germain (PSG) to release Carlo Ancelotti. The former AC Milan and Chelsea manager has been strongly linked to succeed José Mourinho in the Spanish capital.

Arsene Wenger is reportedly very keen on signing Rooney and the north London side are preparing a £200,000 per week offer for the player. If true and if accepted, the contract will make Rooney the highest paid player in the history of Arsenal FC.

Rooney's situation at Old Trafford is understood to be difficult. The England forward has lost his central striking position to former Gunner Robin van Persie and has been shunted down to central midfield on occasion. Outgoing United boss Sir Alex Ferguson has confirmed he rejected a transfer request from the player before he announced his retirement.

Incoming United boss David Moyes managed Rooney when the two were at Goodison Park but theirs is a strained relationship and the Mail Online suggests he may authorise the sale of the striker in the summer. Sky Sports has also linked him to PSG.

There is the possibility Ronaldo and Rooney may move in opposite directions, with the former being linked with a return to the Premier League and his former club. And given he has yet to open talks on extending his contract (Ronaldo is out of contract in 2014) this remains a possibility. However, despite all the speculation, Ronaldo has refused to comment on his future, with the Mail quoting him: "I have two years left on my contract and I'm not worried about my renewal".

Ultimately, as far as Rooney's United future is concerned, the club's chief executive, David Gill, is confident he will be at Old Trafford next season.

Cole: Moyes Needs Silveware Next Season

Meanwhile, former United player Andy Cole claims Moyes needs to win silverware in his debut season.

"If you speak to United fans, he has to win a trophy in the first year. Capital One Cup, FA Cup, Premier League, whatever. A trophy. It has got to be. It is not a case of 'well, the manager has changed and we will settle for third or fourth'. No. Trophy, definitely. He has to hit the ground running, that is the nature of football," Cole said.