The Daily Star cites sources in Spain that claim Manchester United boss Louis van Gaal will beat competition from Chelsea and Arsenal with an offer to pay Ramos a startling £105,000-a-week after tax.
The Spain international is reportedly van Gaal's top target in the January transfer window, although we find it hard to believe the Dutchman would make such a difficult target one of his priorities.
Ramos has given little indication he is considering leaving the Bernabeu, while the Spanish giants are keen to keep him at the club.
Contract talks between the two parties have been dragging on, and there was a brief public back-and-forth following quotes from AC Milan legend Arrigo Sacchi regarding a possible pay dispute.
Arsenal boss Arsene Wenger has reportedly held discussions with the player's agent, Rene Ramos, who is the Real Madrid star's brother. That was according to AS journalist Manuel Esteban Manolete.
Manchester United are desperately looking to strengthen at the back in January, as defence remains the one obvious weak spot in an otherwise strong team.
A 0-0 draw against Spurs at White Hart Lane represents progress for a United defence that has shipped too many goals this season, although to be fair to Van Gaal injuries have robbed him of many of his first-team players for significant periods of the season.
Nonetheless, another major upgrade at the back is likely and Ramos would be the dream target, however unrealistic.
Chelsea were thought to have the inside track on the Spaniard should he decide to leave the Bernabeu, thanks to Jose Mourinho's relationship with Ramos from his time as Real Madrid manager.