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

After two seasons without a trophy, Real Madrid have hit 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

Carlos Espí Escrihuela. 😮‍💨 pic.twitter.com/XnW4xPTtwq
— Real Madrid C.F. 🇬🇧🇺🇸 (@realmadriden) July 31, 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
Denzel Dumfries	RB/RWB	Inter Milan	€20 million ($23 million)
Carlos Espí	ST	Levante	€25 million ($29 million)

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, Ibrahima Konaté, Denzel Dumfries and Carlos Espí.

Transfer Targets

José Mourinho will oversee a new-look team. | Antonio Villalba/Real Madrid/Getty Images

Having already boosted their options in defense, midfield and attack, Real Madrid are expected to strengthen in a few more 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 wish list 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.” A marquee winger signing is now expected.

Here are the most heavily linked targets.

Yan Diomande

Widely expected to become Real Madrid’s sixth first-team signing of the summer, 19-year-old Diomande will also be—by some distance—the most expensive.

RB Leipzig are holding out for as much as €130 million ($150 million) for the Côte d’Ivoire winger, who dazzled in the Bundesliga last season.

The youngster can play on either side of the attack and was coveted by both Paris Saint-Germain and Liverpool, before Madrid seemingly won the race for his sgnature.

Rodri

After apparently dismissing the idea of signing Rodri for so long, Pérez has reportedly now green lit a move for the Manchester City midfielder who captained Spain to World Cup glory this summer.

The 30-year-old has just one year left on his contract and is said to be keen on the move after seven seasons in England.

Club to club talks have been opened as Madrid attempt to negotiate a price for the former Atlético star.

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.

The player’s identity was widely speculated on 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.

Alessandro Bastoni

The Inter Milan player is one of the most regularly linked names with Mourinho apparently still keen for one more defensive addition ahead of the new season.

The 27-year-old, who is rated as one of Europe’s top ball-playing center backs, is also a target for Barcelona and Saudi Pro League side Al-Hilal.

Borussia Dortmund’s Nico Schlotterbeck is seen as one possible alternative to the Italy international.

Outgoings

Gonzalo García has moved to Fulham. | Diego Souto/Getty Images

Player	Position	Signed To	Fee
Dani Carvajal	RB	Free Transfer	N/A
David Alaba	CB/LB	Free Transfer	N/A
Dani Ceballos	CM	Free Transfer	N/A
Fran García	LB	Real Betis	€4 million ($4.5 million)
Mario Martín	DM	Getafe	€3.5 million ($4 million)
Fran González	GK	Sevilla	€1 million ($1.15 million)
César Palacios	CM	Fulham	€10 million ($11.5 million)
Gonzalo García	ST	Fulham	€40 million ($46 million)

Carvajal made his 451st and final Real Madrid appearance with the La Liga season closer against Athletic Club last month, while David Alaba, Dani Ceballos and Gonzalo García are among the other high-profile players to depart.

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

Though not direct sales, Madrid have also banked over €100 million ($115 million) in revenue from transfers involving Víctor Muñoz, Mario Gila, Álvaro Rodríguez and more thanks to sell-on agreements and retained rights.

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 Vinícius Jr’s contract renewal. Reports indicate a new offer has been made to the Brazilian who has just a year left to run on his current terms.

One player who will definitely 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 back ahead of the 2027-28 season.

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