Real Madrid transfer news: Koulibaly to Madrid, Florentino Perez plans €700 million renovation in the summer and more

Hello and welcome to the Real Madrid latest news and rumours of the day! Here are the top stories surrounding the Galacticos today!

#3 Madrid to sign Exequiel Palacios

The stories of Exequiel Palacios joining Real Madrid had seemingly faded away once it became apparent that the Blancos are set to sign Brahim Diaz in the winter transfer market.

However, the Argentine’s agent has brought the circus back in town with his revelation. The Galacticos seem to be interested in filling their team with young stars, despite not necessarily needing them.

According to Palacios’ agent Renato Corsi, the Galacticos will be making a formal offer for the player in the upcoming days and also revealed that the negotiations have reached an advanced stage.

"The leaders of River got together with Real Madrid in Abu Dhabi," Corsi said.

"In the coming days there will be a formal offer and the operation is quite advanced.”

Corsi then went on to add that he wishes that his client joins the Santiago Bernabeu in June instead of January itself, staying at River on loan until the end of the season. He also concluded by stating that both the parties are willing to negotiate and that he is confident of the Galacticos making a formal offer somewhere between Monday and Tuesday.

"The family, Exequiel and I want him to go in June and Real Madrid don't have a problem with him staying at River until then.

"Real Madrid want him and supposedly River will sell.

"They agree, so between Monday and Tuesday the formal proposal will be presented."

Given that Brahim Diaz is also set to join the Blancos, the acquisition of the Argentine is bemusing, regardless of how talented he may be. It seems as though some midfielders could be sold.

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#2 Interest in Koulibaly

Real Madrid’s problems in defense are well protracted. The only reliable central defender that the Blancos is Raphael Varane and even he started the season on the iffier side of things

As a result, it won’t be shocking to see the Galacticos make a move for a renowned defender in the summer. The Blancos are not known to sign defenders for big money but that could change if this report from Il Mattino is to be believed.

According to Italian outlet, Real Madrid and Barcelona have entered the race to sign Kalidou Koulibaly from Napoli. He would, however, cost a world record fee as Napoli could demand as high as a whopping £100 million.

While there is no doubt that Koulibaly is one of the best defenders in the world, Real Madrid are unlikely to pay that much for someone in his late 20s because that would be against their new policy of signing younger stars for relatively lower prices.

#1 €700 million renovation and Diaz clause

We shall start with the craziest story of the day here. Don Balon believe that Real Madrid president is gunning for a summer renovation of the club. The Galacticos might need rebuilding in some areas and the construction magnate might completely change the dynamic of the team.

According to the report, Perez is eying David Alaba as a replacement for Marcelo. He also has Matthijs De Ligt, Kalidou Koulibaly, or Milan Skriniar on his list of defensive reinforcements.

In midfield, he eyes Christian Eriksen, Pogba, Pjanic or Milinkovic-Savic. Finally, Hazard or Neymar are targets for attack.

Meanwhile, MEN report that Real Madrid will have to 40% sell-on fees if they sell Brahim Diaz to Manchester United in the future. For other clubs, it is just 15%.

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