The potential ground-shaking move would see Bale, 28, and Modric, 32, return to the club that propelled them to worldwide success.
Naturally, few outside the Bernabeu will shed too many tears over Zidane's continuous injury concerns, a situation that led to the departure of the reportedly unpopular Jesus Olmo as chief of the medical department last summer.
It might seem strange that Real Madrid are prepared to sell such star players at the club. However, his injury record in Spain puts his ability to cope with Premier League football into question.
It is Perez's thinking that young midfielders like Dani Ceballos and Mateo Kovacic will be ready to fill in for Modric if the former Spurs midfielder departs.
According to El Confidencial, manager Zidane 'knows that he is a player with whom he can not count for a third of the season, at best'.
It is quite surprising to see that Madrid would be ready to let go of three of their biggest players in recent history.
Trust the Daily Star, and Diario Gol, to make things interesting just as the transfer market and associated rumour mills started calming down in the wake of the euphoria of international teams making the World Cup and the sadness of those who missed out. Benzema has been an invaluable asset in Madrid's frontline for a while now.
It's not made clear in the report whether this proposed deal would take place in January or wait until the end of the season but obviously Bale would be an exciting addition if United do end up signing him.
Kane already has scored 6 in 7 PL games this season, and considering he didn't even score one in August. well, it's hard to see anyone take that Boot off him anytime soon!