Spanish and European giants Madrid want to sign Aubameyang from Arsenal in the summer transfer window, according to the report.
Los Blancos want to get an answer from the Gunners by the middle of next month, it has been claimed.
The report has added that although Madrid explored the option of a swao deal involving attacking midfielder Daniel Ceballos – who joined the Gunners on loan in the summer of 2019 – they are resigned to paying £40 million in cash to sign the Gabon international striker.
Football in England and Spain is suspended at the moment due to the global health crisis, and it remains to be seen when the summer transfer window opens.
According to WhoScored, Aubameyang has scored 17 goals and provided one assist in the Premier League, and has scored three goals in the Europa League for Arsenal this season.
During the 2018-19 campaign, the former Borussia Dortmund striker scored 22 goals and provided five assists in the league, and scored eight goals and provided two assists in the Europa League for the North London outfit, according to WhoScored.