Real Madrid president Florentino Perez has confirmed they are considering bringing Daniel Parejo and Jose Callejon back to the club this summer.
The pair were both schooled at Real before moving on and making their names away from the Santiago Bernabeu.
21-year-old Parejo, who spent time on loan at QPR in 2008, is currently with Getafe after signing for them in 2009.
The Under 21 international midfielder has now emerged as one of the best prospects in La Liga, and Real retain a buy-back option on him.
Real also have an option on 24-year-old Callejon, who has emerged as a very good player on the wing at Espanyol.
"(Daniel) Parejo and (Jose) Callejon are two possibilities we are contemplating in June," Real president Perez told radio station Cadena Ser.
It is understood Real can buy Parejo back for around €5million, whilst Callejon could be bought for €8million.