The summer transfer window has now begun, with rumours and speculation continuing to swirl as Real Madrid eye possible reinforcements.

Florentino Perez oversaw a significant overhaul of his squad last summer before focusing more on youth in January. As is always the case with Madrid, though, some of the biggest names in football continue to be linked, even in the wake of the coronavirus pandemic.

Here, Sports Mole rounds up the latest news of possible comings and goings at the Bernabeu.

Thursday morning's Real Madrid transfer talk news roundup:

Real Madrid 'reject Arsenal, Leeds United bids for Cesar Gelabert'

Real Madrid have reportedly rejected offers from Arsenal and Leeds United for youngster Cesar Gelabert.

Ahead of the closure of the summer window, both Premier League outfits are bidding to strengthen their respective squads.

However, according to AG Deportes, they will not be bringing in Gelabert before Monday's transfer deadline.

Despite facing the prospect of limited first-team opportunities, the 19-year-old has no interest in departing the Bernabeu at this time.

Los Blancos are also against parting ways with the attacker, who has less than a year remaining on his contract.

While he is yet to make his senior debut, Gelabert has made 21 appearances for Madrid's second-string side Castilla.

Luka Jovic 'wants Manchester United move'

Manchester United have reportedly been informed by Luka Jovic's agent that the Real Madrid forward wants to join them on loan for the 2020-21 campaign.

The Red Devils are said to be weighing up the possibility of signing the Serbia international on a short-term deal as the club look to improve their options in the final third of the field.

According to the Daily Star, Inter Milan and Roma are also interested in the centre-forward, but Jovic's agent has told United that he wants to join them this summer.

Madrid signed the 22-year-old in a big-money deal from Eintracht Frankfurt last July, but he has struggled to make his mark at the Bernabeu, managing just two goals in 28 appearances.

Ole Gunnar Solskjaer's side will allegedly attempt to complete two new signings before the transfer window comes to a close on October 5.

Barcelona's Ousmane Dembele and Watford's Ismaila Sarr are both thought to be alternatives to the club's number one transfer target Jadon Sancho.

More transfer news from Real Madrid:

Manchester United 'have not made offer for Ainsley Maitland-Niles'
Manchester United have not bid for Arsenal midfielder Ainsley Maitland-Niles, according to a report. Read more.

Zinedine Zidane refuses to rule out Luka Jovic exit amid Manchester United talk
Real Madrid boss Zinedine Zidane opens the door for Luka Jovic to leave the club amid talk of interest from Manchester United. Read more.