The report also suggested that Ancelotti’s side would be willing to include wonderkid Arda Guler in any potential deal.
Mac Allister’s father Carlos, was quick to shut down any talk of a move to the current Champions League champions, however.
He told winwin.com when quizzed on the Real links: "Nothing to comment. Alexis is very happy to Liverpool, he's under contract and wants to win there. It's important to respect the club he's playing for, any comment from us would be unnecessary."