€50 million Brazilian superstar agrees to join Real Madrid, Serie A superstar on the verge of joining Chelsea, Chelsea superstar joins Atletico Madrid and more: Transfer Roundup, 21 January 2019

By Shambhu Ajith

Modified May 23, 2019 08:31 GMT

Florentino Perez is all set to pull Real Madrid out of their slump

Arsenal contact Real Madrid for James Rodriguez

According to The Independent, the Gunners have made contact with Real Madrid over a potential deal for Colombian ace James Rodriguez. Rodriguez is currently serving his second year on loan at Bayern Munich and will return to the club if Bayern don't plan to make the deal permanent for €42 million.

Meanwhile, Real Madrid are hoping to use James Rodriguez in a swap deal to tempt Tottenham Hotspur into sending Christian Eriksen to Madrid. However, Arsenal are prepared to pip their North London rivals to the 27-year-old attacking midfielder.