Florentino Perez believes Karim Benzema is "the best number nine in the world" and could look to pair him with Kylian Mbappe at Real Madrid.
Benzema continues to be a guaranteed starter for Madrid, but has not appeared for France since 2015, having been charged by police in connection with an alleged attempt to blackmail his international team-mate Mathieu Valbuena.
The 29-year-old has denied any wrongdoing and the case is yet to go to trial.
The Madrid president meanwhile has backed the centre-forward, lauding him as "the best French player", and he hopes to see him finish his career at the Santiago Bernabeu.
"Karim is a mix of [Zinedine] Zidane and Ronaldo," Perez told RMC. "He is the best number nine in the world and the best French player.
"I am convinced that he will stay [at Madrid] and, while now we do not talk about [contract] renewals, if it was up to me, I would keep him here during his whole sporting life.
"I am very happy with Benzema and he has exemplary behaviour."
Mbappe, meanwhile, has enjoyed a breakout season with Monaco, making him one of the top targets for a number of clubs heading into the off-season transfer window.
While Perez claimed he would not comment on the possibility of bringing Mbappe to Madrid, he was somewhat enthused by the idea of pairing the 18-year-old with Benzema.
"A duo of Benzema and Mbappe? Everything is possible," he added. "But at this time of the season, I don't want to talk about that. We don't talk about players of other teams.
"Right now, all we are thinking about is how to win LaLiga and the Champions League."
