Real Madrid are working on signings for next summer but no arrivals are expected in January. However, departures are not ruled out.
Potential arrivals for next summer
Kylian Mbappe: PSG hope that by appointing Zinedine Zidane, they could prevent Mbappe from joining Madrid.
Erling Haaland: The Norwegian likes the idea of playing for the Whites but is reluctant to 'share the spotlight' with Mbappe.
Antonio Rudiger: Madrid have dropped their interest in the German centre-back because of his financial requests.
Eden Hazard: Sergio Quirante reports that a fan outside the training centre told Hazard not to go to another team, and the Belgian responded with 'okay'.
Isco: Fiorentina's director Daniele Prade has dispelled the rumours about the club's interest in Isco, saying that they "don't even know who his agents are." (h/t Fabrizio Romano)
Dani Ceballos: Carlo Ancelotti has said that the midfielder will be important in the second half of the season, implying that he won't be leaving in January.
Andriy Lunin: Ajax are interested in signing the goalkeeper for next summer, according to Defensacentral (3 stars).
Borja Mayoral: COPE (4 stars) claim that Getafe are interested in signing Madrid loanee Borja Mayoral. They also considered a move for Mariano but the striker isn't open to leaving.