Real Madrid are working to improve their squad after an underwhelming 2022-23 campaign. Carlo Ancelotti's men failed to win the league or UEFA Champions League, finishing the season with the Copa del Rey and two other titles.
Meanwhile, Paris Saint-Germain top scorer Kylian Mbappe only wants to join Los Blancos, despite interest from multiple clubs this summer. Elsewhere, Chelsea are interested in Madrid midfielder Federico Valverde.
On that note, here's a look at the key Real Madrid transfer stories as on July 23, 2023:
Kylian Mbappe has eyes only for Real Madrid as his next destination, according to L'Equipe.
The French forward is engaged in a contract standoff with Paris Saint-Germain right now. The 23-year-old has refused to sign an extension to his current deal, which expires in 12 months. The Parisians are adamant that he will be sold this summer if he does not extend his stay.
Los Blancos are long-term admirers of Mbappe and remain hot on his heels. The Parisians are willing to negotiate with the La Liga giants as well, as they won't allow the player to leave for free.
Apart from Real Madrid, Chelsea also have their eyes on the Frenchman, along with clubs from Saudi Arabia. However, the 23-year-old has decided that he will only join Los Blancos if he leaves PSG.
Chelsea are interested in Federico Valverde, according to Fichajes. The Blues remain keen to upgrade their midfield this summer and are eyeing a move for the Uruguayan.
Valverde has been very impressive for Real Madrid in the last few seasons and is generating attention across the continent. His future at the Santiago Bernabeu is up in the air following the arriving of Jude Bellingham from Borussia Dortmund this month.
There's already a massive
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