Real Madrid to demand €700 million for superstar, Chelsea lead Manchester United in race for Brazilian prodigy, and more transfer news - 4th December 2018 

Welcome to Sportskeeda's daily transfer roundup!

As we continue to rapidly approach the winter transfer window, a vast number of transfer news and rumours have seen the light of day over the past few hours, as usual.

Today's biggest stories feature clubs like Real Madrid, Chelsea, Liverpool and Manchester United, among others. They also involve some high-profile superstars who have been linked with moves away from their clubs in the recent past.

On that note, amidst all the chaos of the transfer market, here is a look at some of the top transfer rumours, news, and updates for the day - ones that you'd probably want to know about.

Fabinho responds to PSG transfer rumours

Liverpool star, Fabinho, has been linked with a potential move to Paris Saint-Germain

Earlier this year, in May, Liverpool signed Fabinho from AS Monaco for a reported fee of £39 million. However, since completing the move, the Brazilian has struggled to break into the first team, and has subsequently played just 3 Premier League games for the Merseysiders.

As a result, the midfielder has been linked with rumours of a potential move away, with Ligue 1 giants, Paris Saint-Germain reportedly being interested in signing the 25-year-old.

Now, according to reports from Goal.com Fabinho has publicly responded to these rumours, claiming that he does not intend on leaving Liverpool, and that he is happy at the club. Speaking to Brazilian outlet, UOL, Fabinho allegedly said:

“I was told there was something in the press, but I never said I would like to leave Liverpool,"

“I was aware that I needed to have the patience to wait for my moment, but I’m happy at Liverpool - there’s no reason for me to leave.”

Fabinho's remarks will reassure Liverpool fans after the rumours had caused marginal unsettlement among the fans.

Cesar Azpilicueta signs new Chelsea deal

Cesar Azpilicueta has signed a new 4-year contract at Chelsea

Cesar Azpilicueta had been linked with multiple clubs as he approached the end of his contract at Chelsea. Notably, AC Milan were keen on signing him. However, the 29-year-old has now put those rumours to rest, signing a new four-year contract that will see him remain at the club until 2022. The new contract will reportedly see the Spaniard earn £150,000-a-week.

The club's official website confirmed the signing with a quote from the player himself:

"I am really happy to extend my stay here at Chelsea. Since I came, I felt the joy and responsibility to play for this club, these fans, and every time I go on the pitch I try [to] do my best. Hopefully, there is a lot to come and we can keep Chelsea where it belongs."

Chelsea's Club director, Marina Granovskaia, also weighed in with his opinion after the signing, saying:

"Cesar is one of our longest-serving players and has proven to be a fantastic acquisition over the past six years. His professionalism and consistency in that time have been second to none and he has also developed into one of the squad’s most influential players"

The new contract will see Azpilicueta complete 10 full seasons at Chelsea.

Luka Modric wants to retire at Real Madrid

Luka Modric has been heavily linked with a potential move to Inter Milan in recent weeks

Luka Modric became the first person in 10 years to beat Lionel Messi and Cristiano Ronaldo and become the world's best player last night. As he did so, questions continued to be raised about his future, with the Croatian linked with Serie A giants, Inter Milan.

However, after winning the 2018 Ballon d'Or last night, Modric publicly stated that he would like to remain at Real Madrid and would even like to retire at the Spanish club. After the ceremony, Modric said:

"I have two years left and hopefully one more. The club show me a lot of affection and I'd like to retire at Real Madrid. My family enjoy it and I want to keep enjoying this huge club."

The 33-year-old has won 14 major trophies in 6 full seasons with Madrid so far, including 4 UEFA Champions League trophies.

Chelsea lead Manchester United in race for Eder Militao

Porto's defender, Eder Militao, seems to be in demand

Porto's 20-year-old defender, Eder Militao, has quickly risen to prominence owing to his performances for the Portuguese club, and has become a fixed member of the team's starting eleven this season.

The prodigal star has played every single minute for Porto this season and even scored his first ever UEFA Champions League goal against Schalke.

It had earlier been reported that Manchester United were eyeing a move for the 20-year-old in their hunt for a quality defender. Militao's versatility, allowing to play as a centre-back, fullback or a defensive midfielder reportedly made him the perfect option.

However, according to the latest reports from The Sun, Chelsea have now entered the frame and are even believed to be leading the Red Devils.

The report claims that Chelsea's manager, Maurizio Sarri, is allegedly monitoring the 20-year-old, who shares agents with other Chelsea players like Willian and David Luiz, prompting many to hail Chelsea as favourites to complete a move for Militao.

Real Madrid to demand

€700 million for

Isco

Real Madrid are set to block offers for Isco by demanding an astronomical fee for the Spaniard

Since the end of last month, several reports have claimed that Isco is growing extremely unhappy at Real Madrid, and is looking for a move away from the club. Subsequent reports claimed that Premier League giants, Chelsea, Arsenal and Tottenham Hotspur were set to battle it out for the Spaniard.

Other reports claimed that Juventus and Manchester City were interested as well. However, according to the latest reports from The Daily Express, Real Madrid will look to ward off interest in Isco by demanding that any interested club pay his full release clause of €700million (£623 million) - a fee more than 3 times the current world-record fee (€222 million) that Paris Saint-Germain paid Barcelona for Neymar.

The report claims that Madrid will not allow him to leave for a lesser fee and that only a jaw-dropping world-record fee will be able to prise him out of the club.