Don Balon’s Alberto Rambla said Zinedine Zidane’s side, want to add the Nigerian to their rank.
Real Madrid supremo, Florentino Pérez is keeping tabs on Chukwueze ahead of a potential bid.
Los Blancos still want to bolster their attack.
The Nigerian international is rated in the region of €30 million but the Yellow Submarine inserted a release clause of 63 million euros into his latest contract.
He has scored 11 times for Villarreal, and produced 5 assists in 52 matches.