That friend - former youth team player Dave Gardner - has been regularly in Madrid in recent weeks and is said to be working towards a position where a deal could happen if all the parties are willing.
Beckham's new personal manager, Terry Byrne, was also on Chelsea's backroom staff under Gianluca Vialli and still has close links at the club.
It was also being reported today that several top companies with whom Beckham has lucrative deals are also being kept informed of events.
Vodafone, Marks and Spencer, Adidas and Pepsi arrange long-term advertising promotions around the player. Beckham features in a major TV campaign for Pepsi with other Real Madrid stars.
There were also reports today that Chelsea may sign Beckham on a 'buy-to-let' basis - buying him this summer but loaning the player back to the Spanish champions next season.
A sign now, play later deal would allow the Blues to prepare for an assault on foreign markets at the start of the 2005/6 season.
The situation at Madrid is also volatile, with millionaire entrepreneur Enrique Sobrino challenging Florentino Perez for the presidency in this summer's club elections.
Part of his election pledge has been to sell Beckham.