Real Madrid transfer news: Mega swap between Madrid and Chelsea, Madrid to sign English wonderkid – 22nd December 2018

#2 Update on Exequiel Palacios transfer

20-year-old Exequiel Palacios (L) has been linked with a move from River Plate to Real Madrid

Real Madrid have been linked with Argentina and River Plate midfielder Exequiel Palacios, for the last few weeks, and many speculated that a deal to sign the 20-year-old could be finalised soon.

But River Plate president Rodolfo D'Onofrio has squashed those reports by saying that Madrid haven't formally placed a bid yet and that only one conversation has taken place regarding the signing of the 20-year-old Palacios.

Speaking to Radio La Red (via Sportsmole), D'Onofrio said: "With Real Madrid we only spoke on one occasion. Emilio Butragueno (Real Madrid's director of institutional relations) called Enzo Francescoli (River's sports director) and told him that they would like to talk to us about the player. But when we were in Spain, they did not make any contact with us about him.