Real Madrid are working to add more quality to their roster after another outstanding campaign under Carlo Ancelotti. The Italian manager won the league, the Champions League as well as the Supercopa de Espana last season.
Meanwhile, Los Blancos are working to renew the contracts of two first team stars. Elsewhere, Chelsea have ended their pursuit of Andriy Lunin.
On that note, let's look at the major Real Madrid transfer stories from July 29, 2024.
Real Madrid eyeing double renewal
Real Madrid are working to tie Dani Carvajal and Ferland Mendy down to new contracts, according to AS. Both players have entered the final years of their contract with the club this summer.
Carvajal remains a key figure under Carlo Ancelotti and has been in impeccable form for Los Blancos of late. Mendy, meanwhile, fought his way back into the Italian manager's plans last season, although his future remains in the balance.
The La Liga giants' pursuit of Alphonso Davies has raised questions about the Frenchman's next move. However, Ancelotti holds the player in high regard and is determined to keep him at the Santiago Bernabeu.
Davies appears set to stay at Bayern Munich for now, even though his contract expires next summer. The situation has forced Real Madrid to consolidate their present options for the full-back position.
Los Blancos are confident that Carvajal can continue his top form for at least two more seasons, and have made his renewal a top priority. He will be handed a one-year extension according to club policies.
However, Mendy's renewal will be a little more complicated given his injury woes and the rising interest in his situation. The La Liga giants want him to stay but the player will make the final decision.
Chelsea end Andriy Lunin chase
Chelsea have ended their pursuit of Andriy Lunin, according to Mundo Deportivo. The Ukrainian goalkeeper has entered the final year of his contract with Real Madrid and hasn't signed a new deal yet.
Recent reports have suggested that Los Blancos are working on a swap deal with the Blues involving Lunin and Kepa Arrizabalaga. However, the London giants seem to have ended their interest in the 25-year-old as they have reportedly set their sights on Filip Jorgensen.
Chelsea have apparently agreed a deal to sign the Villarreal goalkeeper this summer, effectively pulling the plug on their pursuit of Lunin. The Ukrainian was in top form last season following Thibaut Courtois' injury. However, he remains behind the Belgian in the pecking order at the Santiago Bernabeu.
Lunin is considering his options as he looks to seek more game time. There's considerable interest in his services, although he is now unlikely to move to Stamford Bridge.
Arda Guler not expected to leave Los Blancos this summer
Real Madrid have no plans to offload Arda Guler this summer, according to acclaimed journalist Fabrizio Romano. The Turkish youngster joined Los Blancos last year from Fenerbahce and endured a mixed campaign.
Guler spent the first six months at the Santiago Bernabeu on the sidelines, but struggled for chances after regaining fitness. However, he finished the season on an impressive note and was outstanding for Turkey at Euro 2024.
His efforts have earned him admirers at multiple clubs across Europe. Recent reports have suggested that Bayer Leverkusen also want the player at BayArena on loan. However, Romano has refuted those claims.
The transfer guru has insisted that the player remains focused with the La Liga giants at the moment. While Guler is not a guaranteed starter for Real Madrid yet, he is willing to fight for his place under Carlo Ancelotti next season. The club also have no desire to let him go and want the 19-year-old to continue his development at the Santiago Bernabeu.