The 27-year-old scored both goals in Liverpool's Super European match against Chelsea before Juergen Klopp lifted the trophy after beating the Blues 5-4 on penalties.
More than one French newspaper pointed out that Zidane already contacted Mani earlier this summer to try to annex him to the castle of Bernabeu.
The Sun newspaper quoted Get Football Newsfrance as saying that Zidane had been in touch with Mani but Liverpool's huge demands and Royal President Florentino Perez's belief that he had enough players prevented him from completing the contract.
Real Madrid have signed Eden Hazard and Rodrigo as part of a number of deals that have boosted the squad in the summer.
Mane joined Liverpool at the start of the 2016/17 season from Southampton and has played 125 games in all competitions, scoring 61 goals and making 22.
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