Manchester United Launches Bold Bid to Steal Real Madrid's Vinicius Jr as Los Blancos Eye Alonso Successor
Sports Illustrated compiles the most recent Real Madrid transfer speculation and rumors from across the globe.
Latest Real Madrid Transfer Speculation

Real Madrid have determined that Nico Paz will be their initial acquisition for the 2026–27 campaign. The Argentine midfielder has already agreed to depart Como and return to Madrid next summer. (Source: Fabrizio Romano)
A two-season hunt to find Toni Kroos' replacement has brought Real Madrid back to Angelo Stiller. The Stuttgart midfielder was previously considered this summer before the club chose not to pursue a midfield signing. (Source: Defensa Central)
Discussions have occurred between Real Madrid and Bayern Munich regarding Dayot Upamecano. The defender would serve as an improvement over David Alaba, who is anticipated to depart the club next summer. (Source: Florian Plettenberg)
Several clubs, including Getafe, are contacting Real Madrid with proposals to acquire Gonzalo García on loan. However, Alonso plans to retain the forward and is therefore declining these offers. (Source: The Athletic)
Diego Simeone is targeting a January loan move for Fran García. However, Real Madrid have no intention of releasing the left-back, forcing Atlético Madrid to explore alternative options. (Source: Defensa Central)
Real Madrid are monitoring 20-year-old Rodrigo Mendoza closely. The attacking midfielder has excelled at Elche, attracting attention from Manchester City and Juventus as well. (Source: AS)
Xabi Alonso Tensions Spark Transfer Rumors

With increasing dissatisfaction regarding Xabi Alonso within the organization, Real Madrid have pinpointed Zinedine Zidane as a possible successor. The French coach, believed to be awaiting the France national team position after the 2026 FIFA World Cup, remains unattached. (Source: indykaila)
Should circumstances deteriorate with Los Blancos, Alonso might consider taking charge at Liverpool. The former player could return to Anfield if the Reds decide to part ways with Arne Slot, who faces pressure following a disappointing season start. (Source: indykaila)
With Vinicius Junior having halted contract negotiations with Real Madrid, Liverpool and Manchester United are positioning themselves to pursue the Brazilian winger. Both Premier League clubs are ready to make substantial offers. (Source: The Mirror)
Endrick, Rodrygo and Ferland Mendy, all subjects of transfer rumors, are dissatisfied with Alonso's management of Real Madrid. This growing unrest could prompt these players to seek departures from the Spanish capital. (Source: COPE)