Florentino Pérez has hinted that Real Madrid could spend around €150 million this summer on a young attacking centerpiece, with Erling Haaland and Harry Kane already ruled out while Jamal Musiala, Rafael Leão and Victor Osimhen lead the shortlist.
Mourinho has set his sights on Manchester United target Fernandes, while a West Ham midfielder could emerge as the focal point of a tug-of-war between Real Madrid and the Red Devils.
Florentino Perez stoked his re-election campaign with a teaser about a Real Madrid record transfer bid, with The Telegraph identifying Bayern Munich winger Michael Olise as the real target.
Real Madrid are targeting Inter Milan right wing-back Denzel Dumfries in the summer transfer window; his release clause could help push the deal through quickly, with negotiations said to be at an advanced stage.
Liverpool centre-back Ibrahima Konate says he has been struggling with depression following Diogo Jota's fatal car crash and his father's death; with his contract expiring at the end of the month, he is set to join Real Madrid on a free transfer.
Fifteen-year-old wing prodigy Josh Abbe has signed a scholarship deal with Liverpool, leaving Manchester United, Manchester City, Chelsea and Real Madrid empty-handed in the race for his signature.
Real Madrid insiders are advocating prioritising a move for Arsenal's Declan Rice over Rodri or Chelsea's Enzo Fernández, with all three potentially commanding transfer fees in excess of £100m.
Manchester United interim boss Michael Carrick is unwilling to let Diogo Dalot join Real Madrid; after José Mourinho's second summer appointment, the Portuguese manager is looking to bring in a former player to strengthen at right-back.
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