Real Madrid seeks to strengthen the squad this summer to compete in both the League and Europe next season. Carlo Ancelotti’s men finished second in La Liga last season and also missed out on the UEFA Champions League.
Meanwhile, Los Blancos are not willing to offer more than 200 million euros for Paris Saint-Germain striker Kylian Mbappé this summer. On the other hand, midfielder Federico Valverde has rejected Chelsea’s advances.
Along those lines, here’s a look at Real Madrid’s key transfer stories on July 6, 2023:
Real Madrid will not pay more than 200 million euros for Kylian Mbappé

Real Madrid is not willing to pay more than 200 million euros for Kylian Mbappé, according to journalist Josep Pedrorol.
The French striker is a long-term target for the La Liga giants, who plan to sign the player next summer. Mbappé’s contract with Paris Saint-Germain will expire at the end of next season, but he has no plans to sign an extension.
Los Blancos have failed to sign the 24-year-old on two previous occasions, but are still hot on his heels. Real Madrid now hope to secure the player in a Bosman move next summer. However, recent comments from the Parisians’ president, Nasser Al-Khelaifi, have pushed them back to the board.
Al-Khelaifi has said that the Ligue 1 giants will take advantage of Mbappé this summer if he continues to stall a new deal. As a result, several clubs have been put on alert, with Liverpool among the player’s admirers. The Whites are not averse to signing a player of the Frenchman’s caliber this year, especially as they are on the hunt for a successor to Karim Benzema.
The 35-year-old left the Santiago Bernabéu this summer for Al Ittihad, and Real Madrid want Mbappé to be his long-term replacement. However, Los Blancos will not enter a bidding war for the PSG striker and have decided on the 24-year-old’s valuation.
Federico Valverde rejects Chelsea
Federico Valverde has turned down an option to join Chelsea this summer, according to AS.
The Uruguayan midfielder has emerged as a target for the Blues this year. Pochettino wants to improve his chances in midfield and has his eyes on the 24-year-old.
Valverde has become one of the best midfielders in La Liga since joining Real Madrid in 2016. He enjoyed another fruitful career at the Santiago Bernabéu last season, registering 12 goals and seven assists in 56 appearances. Although he has been a regular for Carlo Ancelotti, the arrival of Jude Bellingham from Borussia Dortmund has raised doubts about Valverde’s future.
Chelsea hope to take advantage of the situation and have offered the player an escape route to Stamford Bridge. However, the Uruguayan does not feel like leaving the LaLiga giants. The Whites and Ancelotti also consider him essential in their plans and will not consider any offer for the 24-year-old.
Carlo Ancelotti ready to work in Brazil in 2024
Carlo Ancelotti will take charge of the Brazil team next summer, the Brazilian Football Confederation has announced.
The Selecao have yet to appoint a successor to Tite, who stepped down after a disappointing performance at the 2022 FIFA World Cup in Qatar. The South American nation has been hot on Ancelotti’s heels for some time and has publicly professed its admiration for the Italian coach.
Ancelotti has an enviable track record and is one of the game’s management legends. His contract with Real Madrid runs until the end of next season, but he has always insisted that he intends to respect the deal.
The CBF is ready to wait for its man and has now announced his imminent arrival. The Italian will complete his stint at Los Blancos and take charge of Brazil in June 2024. However, the LaLiga giants and Ancelotti have yet to confirm the news.