The Canada international made the move to Bayern from Vancouver Whitecaps in 2018, and he has represented the Munich giants on 167 occasions, scoring eight goals and registering 28 assists in the process.
Davies has again been a vital player for the club this term, making 14 appearances in all competitions, contributing three assists in the process.
The left-back has less than two years left to run on his contract at Allianz Arena, though, and there has been a host of speculation surrounding his future in recent months.
Real Madrid are said to be long-term admirers of the 22-year-old, and according to Relevo, the capital giants are confident of securing his signature during next summer's transfer window.
The report claims that Davies has refused on several occasions to sign a new deal at Bayern, and the German side are not in a strong position due to the length of time left on his deal.
If the Canadian makes it clear that he will not be penning a new contract, a transfer next summer is likely, as the Bundesliga champions are not believed to be willing to let him enter the final year of his deal.
Davies has won five Bundesliga titles, two DFB-Pokal trophies and the Champions League during a successful period, but he is believed to be keen to try a new challenge at this stage of his career.
Real Madrid re-signed Fran Garcia over the recent transfer window to boost their left-back options, while Ferland Mendy is now back from injury and started El Clasico on Saturday.
Los Blancos head coach Carlo Ancelotti often uses Eduardo Camavinga as a left-back in big matches, meanwhile, suggesting
Read on sportsmole.co.uk