#3 Real Madrid
Real Madrid are usually big spenders in the transfer market and are often not afraid to make blockbuster deals in order to strengthen their squad. With Carlo Ancelotti's appointment, one would have expected Los Blancos to be splashing the cash to bring the club back to its dominant best.
However, Real Madrid have had a relatively quiet transfer window in terms of arrivals so far. The club have only signed former Bayern Munich defender David Alaba as a free agent. This will come as a surprise given the players that have departed the club this summer.
Losing their first-choice centre-back partnership in Sergio Ramos and Raphael Varane has definitely weakened Real Madrid from the 2020-21 campaign. Los Blancos cannot rely on the likes of Eder Militao and Nacho Fernandez to consistently partner Alaba at the heart of their defense.
The prospect of signing PSG's Kylian Mbappe also looks to be out the window for now. This means Real Madrid should look elsewhere to find a back-up striker for the aging Karim Benzema.
It looks like the Spanish giants are setting themselves up to make a huge splash in next summer's transfer window. However, not strengthening adequately this summer may jeopardize their 2021-22 campaign.
Juventus had a disastrous 2020-21 campaign to their standards. The perennial title favorites ended up finishing fourth in the league which ultimately led to Andrea Pirlo being sacked. Massimiliano Allegri's arrival promised a fresh start and the Italian tactician is seemingly the right man to bring the club back to their best.
However, Juventus have not done anything of note so far this transfer window. The Bianconeri have wasted most of the window trying to sign Sassuolo midfielder Manuel Locatelli, a deal which looks to be dead in the water. Allegri needs to revamp his midfield in order to be able to challenge Inter Milan for the Scudetto in the upcoming campaign.
Juventus have only signed Brazilian wonderkid Kaio Jorge from Santos so far, but it is a move looking towards the future of the club. The club are yet to strengthen their first team and are running out of time to bring in the reinforcements needed to become a dominant force in Serie A once again.
With Lionel Messi's departure from the club, it is time to usher in a new era at Barcelona. The Argentine has been synonymous with the Blaugrana for almost two decades, but the Catalan giants could not afford to retain him this summer.
This is mainly due to Barcelona's failure to offload players. La Liga sanctioned the club earlier this summer, forcing them to massively reduce their wage bill before the start of the 2021-22 season. But the club have not made any progress in that regard.
With a week left until the start of the new campaign, Barcelona still have to part ways with at least 5-6 players in order to reduce their wage bill. The Blaugrana may also have more issues to address this window, as new signing Sergio Aguero reportedly wants to leave the club following Messi's departure.
Ronald Koeman has been left out to dry by the club's handling of transfer business this window. Barcelona are a complete mess right now and have less than a month to steady the ship.