Real have already begun the process of what promises to be a squad overhaul in the off-season after securing a €50m deal for Brazil defender Eder Miltao.
Now, the esteemed French publication report that Mané came close to joining Real at the end of last season, but Zidane's abrupt resignation ended the prospective deal.
However, with Zidane returning, the Senegal ace, who reached the 20-goal mark for the season last weekend has been identified as a key component to the Frenchman's plans in his second-stint at Los Blancos.
With the future of Gareth Bale up in the air, while Lucas Vazquez and Marco Ansensio has not quite lived up to expectations, the 13-time European champions have been without a regular goalscoring winger this season.
It's been suggested Zidane would like to plan with a 4-3-3 formation and Mane fits the bill as a prolific left-sided forward.
However, it remains to be seen whether The Reds are willing to allow the 26-year-old depart, having seen Philippe Coutinho leave for LaLiga champions FC Barcelona in a staggering £140m deal last year.
Mane has scored 20 goals and registered four assists in 38 games across all competitions this season.