The buildup to 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 during the 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.
Here, Sports Mole rounds up the latest news of possible comings and goings at the Bernabeu.
Wednesday morning's Real Madrid transfer talk news roundup:
Manchester City have reportedly joined the race to sign Valencia winger Ferran Torres this summer.
City have been given the green light to press ahead with their summer transfer plans after successfully appealing against their two-year ban from European competition, with the Court of Arbitration for Sport ruling on Monday that they can compete in next season's Champions League.
Manager Pep Guardiola is set to undertake a significant overhaul of his squad during the upcoming window as a result, with Man City looking to close the gap on runaway champions Liverpool.
Marca reports that Torres is among the players on Guardiola's shortlist, with the 20-year-old's contract due to expire next summer.
A host of Europe's top clubs are expected to provide competition for his signature, though, including Manchester United, Real Madrid, Juventus, AC Milan, Napoli and Borussia Dortmund.
City are in the market for a new winger after selling Leroy Sane to Bayern Munich, while they have also been linked with moves for Kalidou Koulibaly, Lautaro Martinez and David Alaba.
Torres has scored six goals and registered seven assists in 42 games across all competitions this season.
Real Madrid are reportedly confident that Paris Saint-Germain winger Kylian Mbappe will push for a move to the Bernabeu next summer.
The 21-year-old has been at the top of Madrid's transfer wishlist since joining PSG from Monaco, but his exorbitant price and his club's unwillingness to sell one of their star assets has so far made a deal impossible.
However, Mbappe's current contract at the Parc des Princes expires in 2022, and Marca reports that they would have to sell him next summer if they cannot agree on an extension.
PSG remain desperate to keep the World Cup winner at the club and are expected to offer him a lucrative new deal in order to extend his stay, but Madrid are optimistic that he will reject those advances in order to force through a switch to the Spanish capital.
Any deal in the summer of 2021 would likely see his fee drop with only one year remaining on his contract too, although Mbappe is still expected to command one of the most expensive transfers in history.
The report claims that PSG know they have one year left to convince Mbappe to stay at the club, and otherwise will cash in on him next year rather than risk losing him for free in 2022.
Mbappe scored 30 goals and set up 17 more in just 33 appearances for PSG in 2019-20 before the domestic season was curtailed.
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