Barcelona are currently flying high at the top of La Liga and are once again chasing a domestic and European treble.
Real, on the other hand, are enduring a dismal season by their standards and their only chance of securing a major trophy comes in the Champions League.
Real are expected to overhaul their squad this summer as they look to get back on terms with Barcelona next season.
The latest reports from Spain suggest Dembele has learned Barca’s rivals are planning to raid Serie A for one of its most promising prospects.
And he’s apparently warned Barcelona that his countryman is keen on the 19-year-old.
Karamoh has seen his game time severely restricted since joining Inter from Caen last summer.
But Zidane is said to have been impressed by his performances in Ligue 1 and that’s fuelled his interest.
Inter are supposedly willing to sell Karamoh at the end of the season for around £22m (€25m).
And Dembele breaking news of Real’s desire to get a deal over the line for him may spur Barcelona into action.
Barcelona have been keeping track of Karamoh’s development for some time.
And they could look to hijack Real’s swoop to prevent Florentino Perez securing a star of the future.