Mane is heavily linked with Los Blancos, but former Liverpool midfielder Danny Murphy is confident he will stay put.
Danny Murphy can’t see Sadio Mane securing a move from Liverpool to Real Madrid despite apparent interest from the Spanish giants.
The former Reds star believes Liverpool are not in danger of losing the in-form Senegalese - who was joint top-scorer (22 goals) with team-mate Mohamed Salah and Arsenal's Pierre-Emerick Aubameyang in the Premier League this season.
Murphy told Omnisport: "I don't think they are in danger of losing him and, to be honest, I think he's happy.
"He's loved, he's scoring, competing for trophies. I know there's been links with Madrid, but I just don't see him going or wanting to leave where he is, where he is doing so much good and playing so well and is loved.
"Never say never with anybody, but, at the moment in terms of what he's done this season, would he be a bigger miss than [Philippe] Coutinho? Yes, he would, because his numbers are bigger, he's more productive and scores more goals. He's more of a threat.
"He's been brilliant this season. He really has moved on again from last season. He's stood up and been counted when so many people probably didn't expect him to compare with the likes of Salah in terms of his goalscoring exploits.
"Ideally, if you win, it's easier to keep a player when you're champions of Europe, I get that. Why would you want to leave?
"But I just don't think any of them are in that space at the moment, things are so good. Everyone's playing so well and there's a nice togetherness, so I don't see that being a problem, but of course it would help if they won [the Champions League]."