Real Madrid 2026–27 Transfers: New Signings, Targets, Outgoings

After two seasons without a trophy, Real Madrid are hitting the summer rebuild hard.

The 2025–26 campaign ended in chaos for Los Blancos with locker room disharmony turning physical, growing fan discontentment and Florentino Pérez announcing surprise presidential elections.

Pérez saw off challenger Enrique Riquelme 65-35 in the polling on June 7, but despite continuity in the boardroom, big changes across the club are still happening this summer.

José Mourinho is back in the dugout and you can expect a new-look Madrid side come August, with surgery on the roster high on the agenda.

Here’s a breakdown of Real Madrid’s summer signings and transfer plans.

Confirmed Signings

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— Real Madrid C.F. 🇬🇧🇺🇸 (@realmadriden) June 17, 2026

Player	Position	Signed From	Transfer Fee
Marc Cucurella	LB	Chelsea	€55 million ($63.75 million)
Bernardo Silva	CM/AM	Manchester City	Free
Ibrahima Konaté	CB	Liverpool	Free

Following Pérez’s re-election and the appointment of Mourinho, Real Madrid have moved swiftly to make signings and have officially confirmed the arrivals of Marc Cucurella, Bernardo Silva and Ibrahima Konaté.

Denzel Dumfries—though not yet announced—is expected to join imminently.

Transfer Targets

Dani Carvajal‘s exit leaves space for a new right back | Pablo Garcia/Anadolu/Getty Images

Real Madrid are expected to strengthen in a number of areas this summer.

Central midfield has been a concern for two years, with the club struggling to adapt to the vacuum left by the departures of Toni Kroos and Luka Modrić. A deep-lying midfield playmaker who can control the game is likely to be high on the wishlist for the club’s decision makers.

Beyond the additions Cucurella, Dumfries and Konaté there could still be more defensive arrivals, with Mourinho understood to be keen to bolster at center back.

You can also never rule out the possibility of a blockbuster signing at Madrid, with Pérez promising to keep up his tradition of signing the “best players” during his election campaign.

The 79-year-old unveiled a massive banner in Madrid city center that showcased the big-name arrivals that have been signed during his presidency from Luís Figo to Kylian Mbappé, followed by the words “to be continued.”

Here are some of the most heavily linked targets.

Denzel Dumfries

Like Konaté, Dumfries is reported to be all-but a done deal, and the 30-year-old wing back will sign for €20 million ($29 million).

The Dutch international has long been viewed as one of soccer’s best attacking full backs and the two-time Serie A winner provided seven goals in all competitions for Inter Milan in 2025–26.

Enzo Fernández

One of the most expensive players seriously linked with Madrid this summer, Enzo Fernández seems set to leave Chelsea one way or another, while the Blues have slapped a price tag of £120 million ($160 million) on their asset.

The Argentina star is able to operate in a number of midfield roles and has developed into a box-crashing goal threat in the Premier League in recent months.

Fernández’s World Cup-winning Argentina teammate Alexis Mac Allister has also been mentioned as a potential midfield option for Madrid. The Liverpool midfielder’s father, however, has recently denied that any talks over a move have taken place.

Julián Alvarez

Julián Álvarez has been at the heart of the drama this summer. | Guillermo Martinez/NurPhoto/Getty Images

During the late stages of the election campaign, Pérez pricked voters’s ears with a promise to bid €150 million ($175 million) for a new “Galáctico” this summer.

It was initially speculated that player might be Bayern Munich’s Michael Olise, before Real Madrid themselves revealed they had seen a bid of that exact amount rejected for Atlético Madrid’s Julián Alvarez.

Atlético have been bullish in their rejections of the idea that Alvarez could be sold this summer, while many have read Madrid’s interest in the Argentina forward, who is also a Barcelona target, as a Machiavellian plot from Pérez to disrupt his rivals. Whatever happens, the saga could run and run.

Outgoings

Dani Ceballos’s time in a white shirt has surely reached its end. | Diego Souto/Getty Images

Player	Position	Signed To	Fee
Dani Carvajal	Defender	Free Transfer	N/A
David Alaba	Defender	Free Transfer	N/A
Dani Ceballos	Midfielder	Free Transfer	N/A

Carvajal made his 451st and final Real Madrid appearance with the La Liga season closer against Athletic Club last month, while David Alaba also departs on a free after five seasons, along with Dani Ceballos.

Eduardo Camavinga, Raúl Asencio and Gonzalo García are among the other players whose positions could be under threat in the transfer window, though transfers are not understood to be advanced.

Any Other Business?

One player returning to the club will be Endrick.

The forward turns 20 this July and earned a call-up to Brazil’s World Cup roster after enjoying a productive half-season on loan at Lyon, where he scored eight times in 21 appearances—often from the right wing. With Rodrygo still recovering from his ACL injury, the young Brazilian might well be earmarked for a similar role for Madrid next season.

Meanwhile, a key point on Madrid’s to-do list for the coming months, which will impact finances, is Vinicius Jr’s contract renewal.

One player who will not be at Real Madrid next season is Nico Paz, as Los Blancos negotiated a new deal with Como to keep the young playmaker in Italy for at least another season. Madrid retain the option to buy Paz's rights back ahead of the 2027-28 season.

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